port of singapore final !!
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Port of Singapore
International Logistics
Quentez Hodge
Cliff Padgett
Discussion OutlineHistoryDemographicsFacts and FiguresPort CommerceStrategic Location Challenges in a Changing
World SWOT Analysis Conclusion
History of Singapore Established as a trading
post in 1819 for East Indian Company
Seceded from Malaysia 1965
Established a parliamentary republic
1983 Established Singapore Trade Development Board
Demographics of SingaporePopulation- 5,567,301Official Languages
English, Chinese, Malay, and Tamil
Representative Democracy President and Prime MinisterPeople’s Action Party
Exports Refined Petroleum Electronics, Pharmaceuticals
The Largest Sovereign City State
Facts and Figures Worlds busiest port
1.15 billion gross tons (2014) 23.2 million TEUs
Operations- Container Berths- 52 Quay Length- 15,500 Area- 1486 Acres Quay Cranes- 190 Capacity- 35,000 kTEU
Annually, more than 140,000 ships call at Singapore.
GDP grew 8.6% annually on average between 1965 and 1999
Real capita GDP grew eightfold from $4000 to $32,000+
Port Commerce International Maritime
Center Maritime and Port
Authority (MPA) of Singapore
140,000 vessels call at the Port of Singapore 19,000 Container Ships 21,400 Tankers 12,200 Bulk Carriers
Leader in Ship Building and Repair Facilities
Composition of Exports
Strategic Location EXTENSIVE COMMUNICATIONS
NETWORK is a major communications and IT
hub in the region, offering efficient and low cost communications and IT linkages to the rest of the world.
GLOBAL MEETING PLACE With its world-class
infrastructure, excellent range of conference and hospitality venues and services, it’s the center of the hub and spoke system.
http://mediasixstudio.com/PSA/transhipment.php
Cont.Global transportation network
located in the heart of Asia, Singapore serves as the gateway to the region’s fast growing markets.
connects some 200 shipping lines to more than 600 ports in over 120 countries.
airport offers more than 3,500 weekly flights to 140 cities in 50 countries.
ACCESS TO MARKETS An extensive network of more than
50 Double Taxation Agreements, 7 Free Trade Agreements and 6 Bilateral Shipping Agreements provides greater access to key markets in the region and around the world.
SWOT Analysis Strengths Weaknesses
Worlds easiest place to do business according to world Bank, 2010.Second most competitive
economy by World Competitiveness Yearbook 2007.
Number one in total cargo volume and TEU’s515,415,000 tons32.24 Million TEU’s in 2013.
Higher operations charges than neighboring port Klang.Ex: their prices ranges from
35% to 75% higher.Rising labor cost, land cost,
and appreciation of the Singapore dollar.
Incurring higher cost of land recovery and development because the scarcity of land
SWOT AnalysisOpportunities Threats
Shipping lines are using larger ships to call at fewer ports in order to reduce costs.
Investments in their infrastructure and R&D sectors.4 million in sustainability6 million in asset integrity and
risk management.Improving the safety of off
shore E&P activities (oil and gas exploration and production.
The port of Tanjung Pelepas - or PTP Fastest Growing port!
Located in Malaysia just a few miles away from the port in Singapore.
Acquired Singapore's biggest customer Maersk Sealand (August,2000) and the world's second largest shipping lines Evergreen. (2002)
Cut cost 30%
Port of Tanjung Pelepas
Cont.Fast Facts Fast Facts
Singapore embarked on the development of terminal phases 3&4 with the first berth ready for operation in 2014. When completed by 2020, the new terminals will boost Singapore’s total container handling capacity to 50 million TEUs per year.
Singapore's decided to set aside $44 million to reduce costs for shipping lines and improve skills at the port to compete with them.
Conclusion HistoryDemographicsFacts and FiguresPort CommerceStrategic Location Challenges in a Changing
World SWOT Analysis Conclusion
Citations http://www.worldportsource.com/ports/commerce/SGP_Port_of_Singapore_244.php
http://www.ship-technology.com/projects/portofsingapore/
http://traveltips.usatoday.com/singapore-ports-63264.html
http://www.spjain.org/bba/singapore_advantage.asp
http://mediasixstudio.com/PSA/transhipment.php
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