Asian ports reported to be congested; average waiting time in Singapore is up to 1.5 days
Chinese ports of Shanghai and Qingdao are among worst hit, with the average hold-up ranging from 24 to 72 hours
[SINGAPORE] Port congestion has been reported at Asian ports, with Singapore being one of those affected: The waiting time for a berth at the world’s top transhipment hub is said to be between 12 and 36 hours.
Tan Hua Joo, a box shipping analyst at data provider Linerlytica, told The Business Times that the longer waiting times in Singapore in recent weeks stem from changes in vessel deployments following the United States’ imposition of tariffs and delays at upstream ports.
He added, however, that congestion in Asia ports is an ongoing issue, not a recent one.
TRENDING NOW
Think twice about rebuilding that old landed property into a super-big house to max out GFA
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’