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1 Singapore as a Global Logistics Hub Presented by BG Tay Lim Heng, Chief Executive, Maritime and Port Authority of Singapore 25 November 2008 International.

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Presentation on theme: "1 Singapore as a Global Logistics Hub Presented by BG Tay Lim Heng, Chief Executive, Maritime and Port Authority of Singapore 25 November 2008 International."— Presentation transcript:

1 1 Singapore as a Global Logistics Hub Presented by BG Tay Lim Heng, Chief Executive, Maritime and Port Authority of Singapore 25 November 2008 International Ports Seminar, Brasilia, Brazil

2 Maritime and Port Authority of Singapore 2 Global Connectivity Singapore

3 Maritime and Port Authority of Singapore 3 Overview of Logistics in Singapore Logistics Singapores Economy Port Infrastructure Good Connectivity Efficient Customs

4 Maritime and Port Authority of Singapore 4 Singapores Logistics Sector –Significant contributor to economy 9.4% of GDP 180,000 workers; 9,200 establishments –Key enabler of mfg & trading sectors Innovative, effective supply chain solutions to serve global markets –Worlds largest port 200 shipping lines to more than 600 ports in 123 countries –Asias 5th largest cargo airport >4,300 flights/week to 190 cities in 50 countries –21 of the worlds top 25 3PLs

5 Maritime and Port Authority of Singapore 5 Maritime Logistics in Singapore Maritime Logistics Sector Infrastructure Technology Education & Training

6 Maritime and Port Authority of Singapore 6 Building Infrastructure Expansion and Upgrading of Pasir Panjang Terminal: Phase 3 and 4 => additional 14 mil TEUs Increase in total handling capacity from 32.1 million to 50.3 million TEUs One-stop solutions e.g. 80 ha Chemical Logistics Hub, Fresh Hub and Air Cargo Express Hub

7 Maritime and Port Authority of Singapore 7 Developing Technology Development of WIreless-broadband-access for SEaPORT (WISEPORT) Facilitates ship-to-shore communication + speeds up transactions TradeXchange One-stop online portal for all trade-related transactions with regulatory authorities Radio Frequency Identification (RFID)

8 Maritime and Port Authority of Singapore 8 Developing Manpower Resources Maritime Cluster Fund (MCF) Promotes manpower development 760 companies trained > 3,000 employees in maritime education & training programmes Collaborations with Singapore Maritime Academy, Logistics Institute of Asia Pacific (TLI-AP) => Research and tertiary education

9 Maritime and Port Authority of Singapore 9 Key Challenges Higher standard for excellence Increasing number of competitors e.g. China, India, ASEAN countries Constraints in land capacity and manpower resources China Shanghai, Hong Kong, Shenzhen Port Klang, Tanjung Pelepas, Laem Chabang, Tanjung Priok Mumbai, Jawaharlal Nehru, Chennai India ASEAN

10 Maritime and Port Authority of Singapore 10 Looking Forward Singapore as an international maritime centre, full suite of maritime services; > 100 international shipping groups conducting variety of business activities Shippers Other Logistics Services Wholesale/Retail Of Marine Equipment / Accessories Shipbuilding & Repair Offshore Material Suppliers Labour Suppliers Cargo / Passenger Terminals Ship Chandlers Ship Bunkering Inland Water Transport Storage & Warehousing Importers Petro-chemicals Other Transport/Freight Forwarding Maritime Logistics & Supporting Services Ship Broking & Chartering Services Education and Training Maritime Related R&D / IT Government Agencies Class Societies & Marine Surveying Maritime Related Finance Maritime Legal Insurance, Reinsurance & P&I Ship Management Shipping Lines / Ship Owners Cruises Ship Agency PORT SHIPPING MARINE & OFFSHORE Exploration SERVICES

11 Maritime and Port Authority of Singapore 11 Looking Forward Need to deepen integrated logistics capabilities e.g. chemicals and pharmaceutical sectors Development of next generation of supply chain solutions e.g. FA optimizaion A global supply chain perspective

12 Maritime and Port Authority of Singapore 12 Looking Forward Supply Chain Security –IMOs ISPS Code –WCOs SAFE Framework of Standards –USs Container Security Initiative –Singapore Customs Secure Trade Partnership To ensure Singapore is a secure node in global supply chain Mutual Recognition Agreements as part of international network of secure supply chains

13 Maritime and Port Authority of Singapore 13Conclusion Many challenges ahead –Global Financial Crisis –Changes in international trade dynamics –Need to be nimble and react quickly to stay viable –Possible review of existing structures and operations –Opportunities to learn and collaborate

14 14 The End


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