Container vessels at Singapore's port now need to wait five to seven days for a turnaround, up from a two-day maximum for ultra-large 18,000 TEU vessel, due to a recent surge in vessel calls and container volumes.
There are also week-long delays due to cargo unable to be loaded onto a vessel due to lack of capacity.
A Port of Singapore Authority (PSA) spokesperson said the cause of congestion includes an unprecedented and volatile surge in cargo demand, renewed lockdowns, a lack of usable empty containers, and unreliable sailing schedules.
The renewed lockdowns have caused congestion across all nodes in the global supply chain, including seaports, warehouses, and depots.
The lack of usable empty containers was due to laden ones being held up longer at these nodes.
He added that it caused further delays at almost every seaport globally.
The PSA has deployed additional resources to support the increased activity, including priority discharge, express delivery, timely updates, and top stowage.
PSA is also working with shipping line customers and cargo owners to alleviate the situation.
Ng Baoying, the global managing editor for container shipping at S&P Global Platts, noted that port congestion is not unique to Singapore, as the port at Los Angeles/Long Beach had at one point more than 34 container ships queueing.
According to CTI Consultancy director Andy Lane, the congestion at Singapore's port was far from being critical and Singapore was coping better in terms of adapting capacity to meet peak demands than other ports.


Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Samsung Electronics Shares Jump on HBM4 Mass Production Report
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 



