PSA Singapore (PSA) has bolstered its operational capacities in the face of increased activity and to mitigate the impacts of global supply chain disruptions.
The initiatives taken by the port operator include reinforcing frontline capabilities, launching new berths at Singapore’s Tuas Port, and reactivating berths and yard space at Keppel Terminal.
Since these efforts were introduced, average port wait times have been reduced to two days or less.
Robust demand for berths and irregular vessel arrivals have concentrated influxes of ships on specific days of the week. This has led to increased wait times and larger vessel calls have necessitated extended stays and longer container transhipment times.
There has been an indirect reduction of global shipping capacity due to the Red Sea situation, congestion at upstream and downstream ports, and strategic adjustments by shipping lines to regain schedule integrity, which has led to substantial shifts in vessel arrival patterns and call sizes.
In 2024, the port of Singapore experienced approximately 90 percent of container vessels arriving off-schedule, an increase from the average of around 77 percent in 2023. Concurrently, vessel port stays at PSA have risen by 22 percent compared to the corresponding period last year.
PSA’s Tuas Port currently operates nine berths and will add two more by the end of this year.