SINGAPORE’S new port is open for storage

Singapore’s new port is months away from full operations, but it has already opened its storage area to overcome supply chain bottlenecks. Ship arrivals at Singapore are on an average 7.5 days late, after schedule reliability fell to 33.6 per cent in August.

Chee Hong Tat, Senior Minister of State, Ministry of Transport, says, “Following the Ever-Given grounding, a ship which instead of docking in the Persian Gulf came to Singapore and unloaded 2,700 containers. In doing so, (port operator) PSA enabled the shipping line to skip a port and catch up on its schedule, after a two-week diversion around the Cape of Good Hope.”