AVERAGE port waiting time in the Northern Hemisphere ports increased rose 13 per cent year on year in the second half of 2020, according to IHS Markit data, reports the Dhaka Daily Star.
This was equivalent to an extra 3.5 hours per port call. The ports covered included Los Angeles, Long Beach, Rotterdam, Felixstowe, Shenzhen-Yantian and Shanghai-Yangshan, said the report.
The report said sudden growth in demand was the main cause, as container volumes rebounded in the second half of the year, driven by growth in spending on household goods and other equipment as people were forced to stay at home due to Covid travel restrictions, plus massive purchases of medical equipment used to control the virus outbreak.
BIMCO analyst Peter Sand said that the biggest growth was seen in the Far East to North America trade, 3.6 million TEU in the second half of 2020 compared with the first, and by 2.1 million TEU year on year.
While cargo from Colombo and other ports reportedly diverted to Singapore have partially contributed to the congestion, Singapore's role as a key transshipment hub and a port where crew changes take place are other factors.
Container Transport International (CTI) Consultancy director Andy Lane said that the congestion in Singapore port is 'far from being a critical situation'.
SeaNews Turkey
This was equivalent to an extra 3.5 hours per port call. The ports covered included Los Angeles, Long Beach, Rotterdam, Felixstowe, Shenzhen-Yantian and Shanghai-Yangshan, said the report.
The report said sudden growth in demand was the main cause, as container volumes rebounded in the second half of the year, driven by growth in spending on household goods and other equipment as people were forced to stay at home due to Covid travel restrictions, plus massive purchases of medical equipment used to control the virus outbreak.
BIMCO analyst Peter Sand said that the biggest growth was seen in the Far East to North America trade, 3.6 million TEU in the second half of 2020 compared with the first, and by 2.1 million TEU year on year.
While cargo from Colombo and other ports reportedly diverted to Singapore have partially contributed to the congestion, Singapore's role as a key transshipment hub and a port where crew changes take place are other factors.
Container Transport International (CTI) Consultancy director Andy Lane said that the congestion in Singapore port is 'far from being a critical situation'.
SeaNews Turkey