Chapter 16
∗ The port of Singapore is the world’s busiest port in terms of total shipping tonnage, it also transships a fifth of the world’s shipping containers as the world’s busiest container port/transshipment port and half of the world’s annual supply of crude oil. It is not a mere economic boon, but an economic necessity due to the fact that Singapore is lacking in land and natural resources. It is now recognised as a principal centre for shopping activities. The port is the world’s busiest port in terms of shipping tonnage handled with 1.15 billion gross tons (GT) handled in 2005.
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