The Business Times
GLOBAL SHIPPING
·
SUBSCRIBERS

Shippers navigate choppy waters amid high operational costs

Mindy Tan
Published Fri, Apr 16, 2021 · 05:50 AM

Singapore

THE delays at the Singapore port may have eased marginally in March, but shippers continue to contend with rising operational costs arising from Covid-19 and other factors.

The daily average number of vessels staying at the Singapore port for more than two days in March was 49 per day, down from February's figure of 52 per day, according to data compiled by Ng Baoying, global managing editor for container shipping at S&P Global Platts.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here