International News

Congestion At Singapore Port

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Author : Bozhou Marine
Update time : 2024-06-05 21:56:24
Against the backdrop of the escalating Red Sea crisis and high demand, global shipping capacity continues to be tight, and freight rates on many routes have risen sharply. Now, not only are there a shortage of ships and tight supply of containers, but even ports are overwhelmed.

On Monday local time, global shipping giant Maersk Group said that due to strong demand in the container market and the continued chaos caused by the Red Sea crisis, global ports are showing signs of further congestion, especially in Asia and the Middle East.

Singapore is the world's second largest container port and a major transit hub in Asia. The recent congestion at Singapore Port has attracted attention from the industry.

According to a recent report by Linerlytica, an Asian container consulting company, container ships may have to wait for up to seven days to get a berth in Singapore, while under normal circumstances, ships only need to wait for half a day at most.

The latest data shows that the number of containers waiting to berth in Singapore has surged in May. At the peak in late May, the highest number of containers waiting to berth reached 480,600 20-foot standard containers.

The Maritime and Port Authority of Singapore recently responded to a media report that there are two main reasons for the congestion at Singapore Port: shipping delays and a surge in container throughput.

First, the Red Sea crisis caused ships to detour around the Cape of Good Hope in Africa, disrupting the planning of major ports around the world. Many ships were unable to arrive as planned. When unscheduled ships arrived at the port, they would cause queues, thus creating a "ship clustering" effect.

Second, the Maritime and Port Authority of Singapore said that so far this year, the number of ships arriving in Singapore has increased significantly. In the first four months of this year, Singapore handled a total of 13.36 million standard containers, an increase of 8.8% year-on-year.

The Maritime and Port Authority of Singapore also said that the increase in container handling was partly due to the fact that some shipping companies abandoned subsequent voyages in order to catch up with the next flight schedule, and concentrated the cargo from Southeast Asian countries in Singapore, which extended the time for ships to dock and load and unload.

In order to ease port congestion, port operator Singapore Port Group said that it had reactivated the old berths and docks of Singapore Keppel Terminal that had been decommissioned before, and also increased manpower. After taking new measures, Singapore Port Group said that the number of containers that can be handled per week will increase from 770,000 standard containers to 820,000.

Congestion in major Asian ports, especially Singapore, has also led to rising container shipping prices. | Marine Light
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