Global port congestion dropped slightly last week, with capacity at anchorages
ending the week at 1.97m teu or 6.5% of the global fleet. The situation at
Southeast Asian ports is gradually improving with waiting times at Singapore and
Port Klang dropping to less than 2 days although there remains sporadic delays
at these ports. Singapore has paid a heavy price for the recent congestion with
its latest container throughput volumes in June dropping by 5.2% compared to May
as carriers omitted calls