256 views
Photo by CHUTTERSNAP via Unsplash

Port wait time falls, but the Red Sea crisis causes delays

The average wait time at the port has declined to two days at most.

New berths reduced the average wait time at Singapore port to two days, the PSA Singapore reported.

The Red Sea crisis, however, has disrupted port activity, with 90% of container vessels arriving off-schedule, compared to an average of about 77% in 2023.

Vessel port stays at PSA have increased by 22% compared to H1 2023. This rise is due to higher demand and increased container re-handling, where some containers are unloaded and reloaded to optimize port discharge, weight, and vessel stability.

Container re-handlings on mega vessels berthed at PSA have also increased by 8% year-on-year (YoY) in H1 2024.

PSA plans to expand Tuas Port and continue hiring frontline workers. This year, PSA has hired 1,500 frontline workers to enhance the port’s operational capabilities and capacity.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.