Port Congestion Threatens $131 Billion in Trade Across Southeast Asia

Russell Group, a data and analytics company, has reported that $131 billion in trade is at risk of being disrupted by the ongoing port congestion at the Ports of Singapore, Port Klang, and Tanjung Pelepas, reports Port Technology International.

All three ports have faced significant port congestion since the middle of June, with vessels avoiding the Red Sea because of the Houthi attacks in the area.

Diverted vessels have been arriving either behind schedule or using the port as an...

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