About 90% of boxships arriving in Singapore are off-schedule: transport minister
MPA and PSA discussing with major container lines to use MPA’s just-in-time system
DeeperDive is a beta AI feature. Refer to full articles for the facts.
ABOUT 90 per cent of the containerships arriving at Singapore port are off-schedule as a result of the Red Sea diversion, compared to an average of 77 per cent in 2023.
Minister for Transport Chee Hong Tat disclosed the higher proportion of boxships that did not follow sailing timetables in a written reply to Parliamentary questions on Tuesday (Jul 2).
“Many of the vessels are also arriving within a short window, compounding the issue by causing a ‘vessel bunching’ effect,” he said.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025