2. Discussion Outline
History
Demographics
Facts and Figures
Port Commerce
Strategic Location
Challenges in a Changing
World
SWOT Analysis
Conclusion
3. 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
4. Demographics of Singapore
Population- 5,567,301
Official Languages
English, Chinese, Malay, and
Tamil
Representative Democracy
President and Prime Minister
People’s Action Party
Exports
Refined Petroleum
Electronics,
Pharmaceuticals
The Largest Sovereign City
State
5. 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+
6. 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
8. 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/transhi
pment.php
9. 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.
10. 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’s
515,415,000 tons
32.24 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
11. SWOT Analysis
Opportunities 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 sustainability
6 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%
13. 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.
14. Conclusion
History
Demographics
Facts and Figures
Port Commerce
Strategic Location
Challenges in a Changing
World
SWOT Analysis
Conclusion