Mega Container Ships

Abstract

Today, 90 per cent of goods in the world trade are carried by shipping. There is no doubt that seaport is a vital part of shipping. With the technological advancement in ship technology, seaports are also required to catch up in their port technology and management system in order to be able to stay competitive in the market. Shipyards are able to deliver a mega ship within 18 to 24 months while it takes years to planning and developing a new terminal. Mega container ships (Maersk Triple-E class vessels) are due to be delivered next year, and it is foreseen to be deployed in the Asia – Europe route. Singapore is strategically located within the route and hence has a great potential to be one of the port of calls. This study is based on interviews and a single case study that provides background information and the current state of affair of the port. The information is then further analysed by performing Multi-Criteria Analysis to identify the short term and long term impacts of mega container ships to the port. SWOT analysis is also performed to assess the port’s competitiveness in relation to mega container ships. The study found that mega container ships have positive impacts to the port both in short term and long term. In addition, the port is very competitive, and it has a great potential of attracting mega ships to come by having the supporting assets necessary.