S’pore port operator boosting handling capacity to deal with port congestion

Singapore has seen a significant increase in vessel arrivals since the beginning of 2024.

SINGAPORE - Port operator PSA Singapore is boosting its manpower and container handling capacity amid shipping delays caused by port congestion.

The MPA statement comes as Singapore experiences large increases in container volumes and vessels arriving off-schedule due to supply chain disruptions in upstream locations. This resulted in a “vessel bunching” effect, said MPA, adding that the average waiting time for a berth for container vessels could take from two to three days.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

STForeignDesk /  🏆 4. in SG

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore surgeon and other female changemakers win big at 2024 Cartier Women’s InitiativeIn its 17th edition, Cartier's impact entrepreneurship programme invests in female-founded start-ups driving change.
Read more »

Singapore keeps GDP growth forecast for 2024 at 1% to 3%Global GDP growth is anticipated to slow down in the near term but recovery is expected later in the year as policy rate cuts are imposed.
Read more »

Singapore maintains 2024 GDP growth forecast at 1% to 3%; economy grew 2.7% in Q1On a quarter-on-quarter seasonally adjusted basis, Singapore's economy expanded by 0.1 per cent, moderating from the 1.2 per cent growth in the preceding quarter.
Read more »

Best credit card promotions in Singapore (May to July 2024): Citibank, DBS, HSBC, UOB, and moreThis May, we're giving away Apple iPads (9th Gen), S$450 Lendlease E-Vouchers, up to 85,000 miles… and the list goes on. Clearly, we're spoilt for choice when it comes to credit card promotions these days.
Read more »

Best fixed deposit rates in Singapore (May 2024): Rates up to 3.75%, minimum deposits from $500If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a certain period of time. Although fixed deposit rates...
Read more »

Singapore in Top 10 list of Global Destinations for retirees in 2024Importantly, Singapore is the only city in Asia in the top 10 global destinations for a holiday during retirement
Read more »