Singapore Port Congestion Worsens as More Ships Wait to Dock: BT

Daily average number of container vessels staying at Singapore port for more than two days in February increased over 60% year over year to 52 per day, the highest in at least four years, Business Times says, citing S&P Global Platts.

• Container vessels are estimated to be waiting five to seven days for turnaround, from a maximum of two days earlier
• PSA has deployed additional resources and ramped up capabilities to support increased activities at port and is also working with shipping line customers and cargo owners, port operator says
• Diversion of cargo from Colombo and other ports to ...