Find Freight, Shipping and Logistics expertise in Singapore
Freight and shipping of goods and cargo takes place to, from and within Singapore via air, land, and sea.
The European Commission estimates that, in 2010, imports of machinery and equipment, mineral fuels, chemicals, foodstuffs and consumer goods mainly from EU, Malaysia and US were worth €220.9 billion. Exports of machinery and electronic equipment, pharmaceuticals and other chemicals and refined petroleum products going to China, EU and Thailand were worth €256.5 billion.
The transport infrastructure in Singapore is highly developed with nine airports, all with paved runways and 3,356 km of roadway of which all is paved and 161km is expressway. Although a rail network does exist in Singapore it is purely for the transport of passengers so all land freight is taken by road. Over 1,500 merchant marine vessels are connected with Singapore of which 966 are foreign owned and 344 are registered in other countries. They consist of a range of vessel types including bulk carriers cargo chemical tankers, containers, liquefied gas, petroleum tankers, refrigerated cargo vessels, roll on/roll off vessels and vehicle carriers.
The Port of Singapore recorded a total shipping tonnage of 48.8 million gross tons in 2010, placing the country within the top 10 ship registries in the world. The Port of Singapore has 54 container berths over its five container terminals with a depth of 16m. The port is by most accounts one of the most sophisticated in the world. Its appeal is based on cost competitiveness, a container shipping-friendly fee regime, the provision of suitable container shipping-related infrastructure, timely and adequate investment in new infrastructure to meet future demand, and the provision of other services, including logistics and freight-forwarding facilities. The port is overseen by the Maritime and Port Authority of Singapore (MPA), which acts as the sole regulatory body for the country’s port and maritime affairs.
The World Bank Logistics Performance Index (LPI) scores countries on various aspects involved with shipping and logistics on a scale of one to five with five being the highest. Singapore’s score of 4.13 for LPI puts it in first place out of 155 countries in the world, well above the average for the high income, non OECD income group which scores 3.30.
Singapore offers excellent global connectivity with its extensive network of logistics linkages. The logistics industry has been ranked by the World Bank as the second best in the world. The Singapore Economic Development Board states that 17 of the top 25 freight forwarders in the world are based in Singapore. All of the global leaders in freight and logistics (DHL, Fedex, TNT and UPS) operate in the country as do leaders in consultancy services (PWC, BMT, Accenture and Deloitte).
The World Bank Logistics Performance Index (LPI) scores countries on various aspects involved with shipping and logistics on a scale of one to five with five being the highest. Singapore ranks first out of 155 countries for customs and timeliness. It ranks in the top ten for the remaining categories, infrastructure (2nd), shipment (2nd), logistics (6th) and tracking (6th).
|Freight, Shipping and Logistics organisations in Singapore|
|IMC Pan Asia Alliance Group||
|Santina Import & Export Trading Enterprises||