Learning from Singapore’s success as a major global maritime hub port connecting to the World for compelling value

Business & Finance
19 Mar 2023 • 2:30 PM MYT
Zulkifly Baharom
Zulkifly Baharom

An HR practitioner, Sejahtera Leadership Coach & Gusi Peace Prize Laureate.

Image from: Learning  from Singapore’s success as a major global maritime hub port connecting to the World for compelling value
The Broader Economic Importance of Singapore’s Port by incorporating elements of community integration. Image Credit: Zulkifly Baharom 

Resorts World One ship from Port Klang Cruise Terminal (PKCT) the night before docked at Marina Bay Cruise Centre Singapore (aka the International Cruise Terminal, abbrev MBCSS) in early morning. It is a new cruise ship terminal located next to Marina South Pier, which is recognized one of biggest Asia’s world class cruise terminal. 

As Resorts World One cruise ship coming into Singapore Port, most passengers can’t miss the massive cruise ships berthing and the new architecture icon. It offers an impressive  views of downtown Singapore skyline and the Straits of Singapore. Its waterfront location at MBCSS also brings passengers closer to attractions, such as Gardens by the Bay, and Marina Barrage as well as the business financial Centre and Marina Bay Sands. The MBCSS boasts top-notch facilities and its two berth facilities and can accommodate up to 6,800 passengers any one time.

According to PSA Corporation Ltd, Singapore is committed to sustaining the growth of its port because this is an industry critical to the economy. Its leading position as an International Maritime Centre (IMC) is built upon its status as a top transshipment hub and well-connected port anchors the growth of Singapore logistics, manufacturing and wholesale trade sectors.  

As such, creating value for key stakeholders or bettering its business proposition (eg., by leveraging technology to deliver more efficient service) is vital to sharpening competitiveness. Singapore’s value proposition is that of a “catch-up port” that offers shorter transit times and enable vessels to make up for delays upstream. Delivering efficient service in an optimum manner helps shipping lines reduce operational costs.

On top of it all is forward-looking leadership at PSA Corporation Ltd, coupled with the courage to take bold decisions that has enabled Singapore to continue capitalizing on its hard-won advantages in this era of globalized competition between major hub ports to attract transshipment business.


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