Strong demand for berths at Singapore Port terminals

Since early 2024, PSA Singapore (PSA) has significantly strengthened its operational capabilities to 

adapt to increasing activities and mitigate the impact of global supply chain disruptions.

The measures taken include strengthening frontline capabilities, launching new berths 

at Tuas Port in Singapore, and reopening berths and yard space at Keppel Terminal. 

Therefore, the average waiting time at ports has recently been reduced to two days or less.

Despite ongoing disruptions, such as the situation in the Red Sea, 

which continue to affect the dynamics of the supply chain, PSA continues to work with customers to 

find effective solutions during these uncertain times.

Throughout the year, there was strong demand for berths at port terminals, 

and ships arrived irregularly, resulting in a concentrated influx of ships on specific days of the week. 

This resulted in a significant increase in waiting time, despite PSA's berths being fully utilized. 

Larger vessels require longer dwell times and longer container transfer times to dock.

These challenges stem from various factors, including the indirect reduction of global shipping capacity 

due to the Red Sea situation, congestion at upstream and downstream ports, and strategic 

adjustments made by shipping companies to restore schedule integrity, which have led to significant changes in ship arrival patterns and call volumes.

As the flagship project of the group, PSA Singapore remains committed to addressing 

the challenges of ongoing volatility and ensuring that the port's development and 

processing capabilities meet the needs of our customers, "said Ong Kim Pong, CEO of PSA 

International Group.

He continued, "The Red Sea crisis has severely disrupted global shipping and trade, 

and we expect this challenging situation to continue for a long time, potentially expanding 

port congestion in Asia to Europe. PSA is partnering with like-minded customers and stakeholders 

on a series of node to network plans to better coordinate upstream and downstream ports, 

thereby improving the reliability of shipping schedules and overall network efficiency