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🚢 Singapore Port Reopens Terminals to Combat Congestion The Maritime & Port Authority of Singapore (MPA) has reopened older berths at Keppel Terminal to address congestion at the world's largest transshipment hub. This move increases the port's weekly handling capacity from 770,000 TEU to 820,000 TEU. Despite an 8.8% year-on-year growth in container volumes, reaching 13.36 million TEU, carriers' efforts to catch up on schedules have caused delays and increased vessel wait times. Currently, 47 vessels are waiting for a berth, with 53 undergoing cargo operations. Global schedule reliability has dropped to just over 50%, worsening delays and costs for carriers and forwarders. Stay updated on these changes and plan accordingly to navigate the ongoing supply chain disruptions. #Shipping #Logistics #SupplyChain #SingaporePort #consolalliance Read the full article from The Loadstar https://lnkd.in/eng4SN_n

Singapore reopens defunct container terminals to tackle vessel bunching - The Loadstar

Singapore reopens defunct container terminals to tackle vessel bunching - The Loadstar

https://theloadstar.com

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