Singapore boasts major port

Article Abstract:

Singapore retained its post as busiest port in the world, increasing its cargo handling by 4.2% to 327 million tons in 1997. This was on the strength of a 9.2% growth in the container traffic to 14.1 million 20-foot equivalent units, from 12.9 million units in 1996, according to the Maritime and Port Authority of Singapore. The port posted 808 million gross tons of shipping tonnage as 130,333 vessels made calls to the port in 1997. Singapore's merchant fleet is also the eight-biggest in the world, with 2.53 million gross tons to 20.8 million tons.

Comment:

Singapore: City-state retains post as busiest port in the world, increasing its cargo handling by 4.2% to 327 mil tons in 1997

Singapore, Shipments data, Article

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Japan's ports keelhaul the economy

Article Abstract:

Japan needs to reform its port regulations and establish a first-class port services business to remain a trading powerhouse in the 21st century and particularly because shipping comprises over 98% of the country's trade by volume. The implementation of Japanese port-reform initiatives has failed since 1997 because of the speculation that they could compromise port labor stability. However, some industry observers claim that current port regulations are hurting the very workers they are designed to help.

Japan, Government regulation, Laws, regulations and rules, Column, Trade policy, Commercial policy

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