The global cascading effect of port congestion is playing havoc with intra-Asia trade lanes, with large amounts of cargo stuck at transhipment hubs in the south-east.
According to Peter Sundara, global head of ocean freight for a major cargo owner, transhipment freight from Europe, Africa, Oceania and the US is being “dumped” – in Singapore, particularly.
He told The Loadstar: “It’s not a port productivity problem, rather that feeders and mainline vessels …

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Source: The Loadstar