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Should ports focus on their core business?

Citation

Tongzon, J and Nguyen, H-O and Vanelslander, T and Anming, Z and Lee, P, Should ports focus on their core business?, Singapore Maritime Institute Events, 11 December 2013, Singapore, pp. 1. (2013) [Keynote Presentation]


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Abstract

Manufacturing and global supply chains have been become nimble and flexible as customers expect immediate and fast delivery of their orders. In this competitive environment, factories re-locate to maintain profit margins, taking advantage of low costs of labour, land, connectivity and tax breaks. Added to this is the uncertainty in the global economy as players realigned themselves to compete and at the same instance cooperate. One outcome we observe in the maritime and logistics industry is overcapacity in vessel and port capacity putting immense pressure on pricing and profit margins. The industry faces its toughest times since the invention of containerization in 1956 as the relationships facing the maritime industry grow more complex and port operators face the possibility of slack. This seminar gathers prominent academicians with practical experience to share what the sector is like to evolve in the future and how port operators will have to position itself to take advantage of these dynamic changes.

Item Details

Item Type:Keynote Presentation
Keywords:Port management, port economics
Research Division:Commerce, Management, Tourism and Services
Research Group:Transportation and Freight Services
Research Field:Transportation and Freight Services not elsewhere classified
Objective Division:Transport
Objective Group:Water Transport
Objective Field:Port Infrastructure and Management
Author:Nguyen, H-O (Dr Oanh Nguyen)
ID Code:88953
Year Published:2013
Deposited By:NC Ports and Shipping
Deposited On:2014-02-20
Last Modified:2014-06-06
Downloads:0

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