According to Bloomberg, the inability of a large number of cargo ships to complete loading and unloading operations as scheduled has caused serious chaos in the supply chain, and the delivery time of goods has also been delayed.
At present, about 20 container ships have been anchored in the waters off Port Klang on the west coast of Malaysia, more than 30 kilometers west of the capital Kuala Lumpur. Port Klang and Singapore are both located in the Strait of Malacca and are key ports connecting Europe, the Middle East and East Asia.
According to the Port Klang Authority, due to the continued congestion in neighboring ports and the unpredictable schedule of shipping companies, the situation is expected to continue in the next two weeks, and the delay time will be extended to 72 hours.
In terms of container cargo throughput, Port Klang ranks second in Southeast Asia, second only to Singapore Port. Malaysia's Port Klang plans to double its throughput capacity. At the same time, Singapore is also actively building Tuas Port, which is expected to become the world's largest container port in 2040.
Shipping analysts pointed out that the terminal congestion may continue until the end of August. Due to continued delays and diversions, container ship freight rates have risen again.
Port Klang, Malaysia, near Kuala Lumpur, is an important port, and it is not common to see a large number of ships waiting to enter the port. At the same time, although it is close to Singapore, the port of Tanjung Pelepas in southern Malaysia is also full of ships, but the number of ships waiting to enter the port is relatively small.
Since the Israeli-Palestinian conflict, merchant ships have avoided the Suez Canal and the Red Sea, which has caused congestion in maritime traffic. Many ships heading to Asia choose to bypass the southern tip of Africa because they cannot refuel or load and unload in the Middle East.
Senghor Logistics warmly reminds customers who have goods shipped to Malaysia, and if the container ships you have booked transit in Malaysia and Singapore, there may be delays to varying degrees. Please be aware of this.
If you want to know more about shipments to Malaysia and Singapore, as well as the latest shipping market, you can ask us for information.
Post time: Jul-19-2024