Singapore warehouse delays frustrate metals traders

Reuters UK, 7 May 2009, Nick Trevethan
SINGAPORE, May 7 (Reuters) - Queues for loading metal onto trucks at London Metal Exchange-approved warehouser Henry Bath's Singapore facilities are frustrating customers waiting up to five times longer than usual to pull metal out of storage.
In response to an exodus of aluminium from Singapore, where more than 11 percent of global stocks are stored, warehousing company Henry Bath, owned by RBS Sempra Commodities Limited, introduced on April 13 a rota system where trucks are allotted one of 60 daily time slots to maintain orderly deliveries.
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