SRM has presented a new study titled “Analysis of Maritime Clusters. A Focus on Singapore”.
This paper begins by offering an overview of the role of Singapore inside the Strait of Malacca for the development of maritime traffic of goods in the Far East. Secondly, the study shows the competitiveness of Singapore in comparison with other maritime countries. In addition, it provides an overview of the port of Singapore focusing on the governance structure of cluster within which it operates. An analysis is undertaken of the main sources of cargoes that pass through the port, especially as port of transshipment and bunkering. The overall performance of the port is assessed against a range of criteria and different types of operation that take place within the port are explained. In considering the governance structure within which all this takes place, particular attention is paid to the pivotal role of Terminal Operator PSA and Maritime and Port Authority (MPA) of Singapore as the statutory regulatory authority for control, security and the overall development and growth of the port of Singapore, which includes terminal operators. The paper presents, also, an exposition of the next investments in ‘Tuas’ seen as a possible driving force for further growth.
This research is the result of a mission of SRM in Singapore during which several interviews with opinion leaders and professionals in the maritime sector were conducted.
