Ships queues increase port delays from Singapore to Piraeus

The world’s biggest shipping hubs are suffering increased levels of congestion as containers pile up at seaports from Singapore to Greece’s Piraeus. Near Singapore on Monday, the backlog was 22% above normal; 53 container ships were anchored off the cargo-transit hub, the highest count since Bloomberg News started tracking the data in April.


Image: Bloomberg

Like all major container hubs, Singapore is in fact a delicate logistical ecosystem, where a storm or a Covid-19 outbreak in another port, transit way or transportation sector can ripple widely. Typhoon Kompasu scattered ships out of Hong Kong and Shenzhen over two weeks ago and congestion rates off that port were still 10.4% higher than on a normal Monday.

Source: bloombergquint.com


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