New data from FourKites: shipping delays at port of Singapore


By Mike DeAngelis, FourKites Senior Director, International Solutions.

The lack of available empty shipping containers in key export markets is an ongoing concern.

Containers are getting caught up in a global mix of delays ranging from congestion in Singapore (which is up year-over-year, and the port transships a fifth of the world's containers) to longer voyages due to diversions related to the Red Sea attacks to the reduced Panama Canal transits which are still below historical levels (although improving), to the recent strikes in Germany as well as the threat of strikes in Canada & the U.S. East Coast.

And on the demand side it appears that the start of the annual peak season has come early, and it is likely that many of these issues will not ease any time soon.

All of this suggests that carriers will continue to scramble to reposition empty equipment, which can have a negative knock-on effect on certain export markets, such as the Indian subcontinent.

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