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

Questions????