Congestion at Asian and European ports keeping charter rates firm
UPDATED TO CHANGE ECONDB DELAYS FROM VESSEL WAITING TIMES TO CONTAINER DWELL TIMES. Bottlenecks at Asian ...
During the course of its short history as an independent country, Singapore has become something of a byword for efficiency – a reputation that has been put to the test in recent weeks as its enormous port has battled growing container congestion.
The data shows that this year congestion levels at the world’s largest transhipment hub have hit record levels: the eeSea liner database reveals that in week 20 this year, 58% of containerships in the port were waiting for a ...
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