05 Aug Port congestion shifts to India
Whilst vessel delays are lessening across key gateways such as Singapore, Ningbo, Qingdao and Klang in North and Southeast Asia, and equipment availability improves in China, it appears the converse is occurring across India.
At Singapore there has been a slight improvement in wait times of two or three days, however they do remain significant with Linerlytica data indicating that the vessel numbers and total capacity waiting to berth have soared recently, rising from 42,290 on the 1st of May, up to 286,778 as at mid to late June.
Over at Tanjung Pelepas, container volumes have soared 20% so far this year, while Klang’s Northport saw container volumes climb 26% in May to 335,361 TEUs from the same time last year. These increases can be attributed to the fact that shipping organisations are calling at these ports instead of the previously congested ports across Asia.
Whilst conditions have improved in China, Singapore and Malaysia, India’s largest container gateway, Mundra is straining under rising transshipment volumes with container dwell times significantly lengthening due to a deteriorating slowdown in import clearance out of heavily congested container yards, with delays of 15-20 days for railed freight, which constitutes 50% of Mundra’s traffic.
There has also been an improvement in equipment availability in China since early this month, with more 20-foot and 40-foot containers available for carriers in Dalian; more 40-foot containers in Shanghai; and 20-foot equipment at Taiwan ports, however supply is tight in Central China locations such as Wuhan.
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