Congestion at the port of Singapore has reached 2 million TEUs, according to consultancy Linerlytica, which has said that equipment shortages and a lack of tonnage had conspired to raise the spectre of cargo delays and high freight rates as seen during the pandemic.
The spike in congestion at the world’s second-busiest container port in Singapore has seen
carriers prolong charter agreements and order new boxes in preparation for what could be
a long peak season.
“The global port congestion...
https://container-news.com/singapore-congestion-reaches-2-million-teus/