The Port of Singapore is increasing its capacity and reopening older berths to alleviate congestion at the world’s largest transshipment hub. Container ships arriving at the typically efficient Port of Singapore have faced berthing delays of up to seven days, with total capacity waiting at dock reaching 450,000 TEU, according to analyst Linerlytica, as reported by Seatrade Maritime News earlier this week. The Maritime & Port Authority of Singapore (MPA)
Category: South East Asia
SeaLead Shipping gets new owners
Singapore-based liner operator SeaLead Shipping has been taken over by a group of four investors who have appointed an interim boss, with Henry Schmidl exiting the company. Established in 2017, Sea Lead is ranked 16th by Alphaliner. The company operates a fleet of 32 chartered-in ships on services that link Asia to the Indian Subcontinent, the Middle East, the Mediterranean, and the US West Coast. The company said that with