In the first half of this year, textile foreign trade exports rebounded from last year, but with demand, how to deliver goods to customers in accordance with the agreement has become a new problem.
More than 480,000 containers were delayed
Global shipping giant Maersk said on Monday there are signs of further congestion at ports around the world, especially in Asia and the Middle East, as the chaos caused by the Red Sea crisis continues due to strong demand in the container market. Singapore is one of the world's busiest ports and a major transit hub in Asia, and recent congestion at the port has raised concerns in the industry.
Singapore is the world's second largest container port, and the recent serious congestion in Singapore's port has caused concern in the industry. According to a recent report by Linerlytica, an Asian container consultancy, container ships in Singapore may have to wait up to seven days for a berth, compared to a normal half day.
The latest figures show a surge in the number of containers waiting to be docked in Singapore in May, with a peak of 486,600 20-foot standard containers in late May.
At present, there is not only a shortage of ships in the market, but also a shortage of containers. According to a new report released by shipping consultancy linerlytica, increasing port congestion is further aggravating the already tight container market. Currently, 2 million TEUs of capacity are held up outside ports, representing 6.8% of global fleet capacity.
Disrupted shipping schedules have caused congestion at major Asian ports such as Shanghai, Ningbo and Singapore, as well as at Jebel Ali in the United Arab Emirates, which is close to the Red Sea and a key hub for air and sea transport.
The on-time rate of container ships has decreased. According to Sea-Intelligence, the percentage of container ships that arrive on time has dropped to about 52 percent.
Multiple causes of congestion
The Maritime and Port Authority of Singapore said in a recent report in response to the media that there are two main reasons for Singapore's port congestion: shipping delays and a surge in container throughput.
First, the Red Sea crisis caused ships to detour around the Cape of Good Hope in Africa, disrupting the planning of major ports around the world. Many ships were unable to arrive as planned, and when unscheduled ships arrived at ports, there were queues, resulting in a "ship clustering" effect.
Secondly, according to the Maritime and Port Authority of Singapore, there has been a noticeable increase in the number of vessels arriving in Singapore so far this year. In the first four months of this year, Singapore handled a total of 13.36 million TEUs, up 8.8 per cent year-on-year.
The Maritime and Port Authority of Singapore also said the increase in container handling was partly due to the fact that some shipping lines had abandoned subsequent voyages in order to meet the next schedule, concentrating cargo from Southeast Asian countries in Singapore, which has lengthened the loading and unloading time for ships.
To ease congestion, port operator PSA Singapore said it has reactivated old berths and shipyards at Keppel Terminal in Singapore that had previously been decommissioned, and increased manpower. Following the new measures, PSA said the number of containers it can handle per week will increase from 770,000 TEUs to 820,000.
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