Examining Operational Challenges and Solutions for Singapore Port

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Added on  2023/06/12

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This report examines the operational challenges confronting the Port of Singapore, a critical transhipment hub. Key issues include inter-terminal haulage inefficiencies, dependence on transhipment cargo leading to external factor risks, the need to accommodate mega-ships requiring significant infrastructure upgrades, and the imperative for digital transformation to support a 'smart port' vision. The report highlights the importance of integrating terminal operations, diversifying revenue streams, investing in larger container cranes and storage yards, and enhancing digital infrastructure to ensure seamless connectivity. Addressing these challenges through strategic planning and technological advancements is crucial for maintaining Singapore's competitive edge in the global maritime industry. Desklib offers a range of solved assignments and study resources to help students understand these complex issues.
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Operational challenges of
Singapore Port
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Table of Contents
Introduction
Inter-terminal haulage
External factor risk
Mega Ships
Digital challenge
Conclusion
References
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INTRODUCTION
The port of Singapore is related to employing
new generation in order to design the technology
which helps to optimize operational efficiency.
Present presentation is based on challenges which
are faced due to Singapore port.
Some challenges are as follows inter terminal
haulage, external factor risk, mega ships, digital
challenges etc.
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Operational challenges of Singapore Port
The port of Singapore is one of the busiest in the
world its has the status of transhipment that
skewed the structure in local economy.
The external sector bigger than the output for
entire economy.
There are different types of challenges faced by
Singapore Port.
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Inter-terminal haulage
This results in higher turnaround times for
vessels and inefficient utilization of resources
. While lack of land availability is a natural
barrier that cannot be avoided, it can take
steps to integrate different terminal
operations to reduce this inter-terminal
haulage.
The completion of Tuas Mega Port in 2025 is
expected to resolve this operational
challenge.
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External factor risk
Another operational challenge for Singapore port is its
dependence upon transhipment cargo, which
constitutes up to 85% of its total shipping tonnage.
An external factor like a storm or COVID-19
restrictions in any one country can cause severe ripple
effects such as port congestion and longer delays at
Singapore port.
In the light of increasing competition from regional
ports, Singapore port has positioned itself as a ‘global
maritime platform’, not merely a port operator
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Infrastructures and equipment port failures risk
There are many risks which are involved in this
operational challenges such as infrastructures
and equipment port failure risk by identifying
the lack of knowledge in services user.
In the category of planning and designing the
port infrastructure by less and optimal also the
maintenance of infrastructures was not up to date
which affect sustainable practices.
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Internal fraud risk-
This risk is arising from the breach of security such
as smuggling, terrorism and damage and destruction
by theft and fraudulent actions and extortion then the
risk event is related to misuses of assets, corruption,
receiving tribes etc.
Then employment risk at the workplace is also high
which is related to wages, equal rights, occupational
safety and healthy environment.
It is important to provide proper training to
employees so that they can work accordingly.
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Technological challenges
This is related to change in technology affect
the work patterns in order to manage the risks
of failure of technology.
It is necessary to provide training to employees
who are responsible for managing the
technology.
So it is necessary to mange all the work
accordingly. Always have the equipment
which are reduces the risk in order to damage
to asset.
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Mega Ships
Due to the weakening of international trade growth,
there is a trend of consolidation in the shipping line
industry.
Many smaller shipping lines such as MOL, K-Line, and
NYK have merged while others like Hanjin Shipping
have gone bankrupt.
To achieve economies of scale and to keep freight costs
competitive, shipping lines are investing in bigger-sized
vehicles (mega-ships) with capacities up to 25,000 TEU.
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Continue…
Bigger ships not only require more space due to their size and draft, but they also
require larger container cranes, storage yards, and other infrastructure to move the
goods efficiently.
Currently, the Singapore port has limited land availability, and docking a larger ship
increase
These problems are likely to be resolved once the Tuas Mega Port project is completed
as it will boost its capacity to 65 TEU and make handling cargo operations more
efficient port congestion and turnaround times for all vessels.
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Digital challenge
Another challenge for Singapore port is to gear
up its digital infrastructure to support its ‘smart
port’ vision.
Once it becomes fully automated, it will require
vessels to schedule their call before they dock to
reduce turnaround times.
Thus, one of its basic needs is to provide
4G@Sea internet connectivity to all
stakeholders (ship liners, freight forwarders,
feeders, etc.) with low-cost and reliable internet
in port waters up to 15 km from the shore.
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