Singapore port congestion pushing up waiting time, cargo rollovers and rates

Major delays have now hit the port of Singapore, with congestion causing vessel turnaround times to more than double and week-long cargo rollovers.
Peter Sundara, VP global ocean product at LF Logistics, told The Loadstar: “There’s a lot of vessel bunching, which is causing delays, and we see feeders coming in from South-east Asia missing connections with mainline vessels.
“In turn, the mainline vessels coming in are overbooked, therefore transhipment containers are missing …

The post Singapore port congestion pushing up waiting time, cargo rollovers and rates appeared first on The Loadstar.

Source: The Loadstar

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