Shippers navigate choppy waters amid high operational costs

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.