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Sea Transport Policy
A Premier Global Hub Port
Singapore is currently the world’s busiest container transshipment hub and receives approximately 140,000 vessel calls per year. Container terminal and port services are currently provided by PSA Corporation and Jurong Port Pte Ltd. We are well-connected by about 250 shipping lines to more than 600 ports in the world. With our worldwide connectivity, businesses in Singapore and elsewhere can be assured that their goods can be transported quickly and efficiently to anywhere in the world.
At the same time, we strive to serve the shipping industry better through greater value-added services to enhance the efficiency of shipping lines, such as e-commerce services and integrated logistics services encompassing the entire chain of handling, processing, storage and transportation of goods. These are complemented by a full array of services such as ship supply, pilotage and towage, as well as Singapore’s reputation as a top bunkering port offering assurances of quality and quantity.
Singapore is also well-positioned as a secure, trusted hub port in the global supply chain, fully compliant with global security standards and initiatives, such as the International Ship and Port Facility Security (ISPS) standards. Our continued efforts to develop and implement new supply chain security measures are a great attraction for shippers, shipping lines and logistics service providers.
Singapore constantly upgrades our port infrastructure to meet future demands. Our Pasir Panjang Terminal is a new-generation container terminal equipped with the latest high-tech facilities such as remote controlled bridge cranes to efficiently handle mega-container ships of 11,000 TEUs and beyond. We have set aside additional land for the expansion of Pasir Panjang Terminal while studying additional port expansion possibilities.
Asia’s Leading International Maritime Centre
Our vision is to be an attractive maritime hub, offering a comprehensive suite of maritime ancillary services. A vibrant IMC cluster will not only complement and reinforce Singapore’s hub port status, but serve as an additional engine of growth for Singapore’s economic progress.
We aim to do this by:
- Attracting a core group of ship owners, operators and managers to base their operations in Singapore through a variety of fiscal incentives, and promoting and growing the Singapore Registry of Ships (SRS) as a quality flag;
- Developing the breadth and depth of maritime ancillary services offered in Singapore; and
- Enhancing Singapore’s maritime operating environment through conducive and responsive regulatory and fiscal policies. This includes efforts to develop our maritime manpower, leveraging on IT and technology, and developing Singapore as a maritime R&D centre.
Ensuring Navigational Safety and Maritime Security
With about 400 vessels calling in Singapore daily and 800 vessels in our port waters at any one time, it is especially crucial that navigational safety is never compromised. Singapore continuously invests heavily in sophisticated systems to monitor every vessel movement in our waters, including our Port Operations Control Centres (POCCs) and Vessel Traffic Information System or VTIS.
At the same time, we strive to ensure full maritime security. This is accomplished by development of various preventive security mechanisms, such as screening of cargo and the Harbor Craft Security Code (HCSC) as well as rigorous preparation against threats, for example through domestic and multinational security exercises.
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