Port of Singapore makes container comeback

AFTER a long slump in container and cargo volumes, the Port of Singapore has finally recovered after it registered a 1.6 percent growth in May compared to the same period last year to 2.655 million TEU (twenty-foot equivalent unit).

TEU is the standard unit for describing a ship’s cargo carrying capacity, or a shipping terminal’s cargo handling capacity. A standard 40-foot container is equivalent to two TEUs.