Sustainable development of an international maritime centre

• Main Author: Chie, Khang Ning.
• Other Authors: Lam Siu Lee
• Format: Final Year Project
• Language: English
• Published: 2012
• Subjects: DRNTU::Engineering::Maritime studies::Maritime management and business
• Online Access: http://hdl.handle.net/10356/49590
• Institution: Nanyang Technological University

In this era of globalization, countries compete with one another to attain maritime supremacy. Having a lead in market shares, innovative technology and global operations is no longer sufficient to maintain one's position. Maritime industries face fragmentation by geographical boundaries, sectors and company size on top of increasing stiff competition from global players. In order to ward off competition from other maritime nations, it is imperative that a country creates an integrated maritime cluster to most importantly, exploit the unlimited global market opportunities as well as to continue to defend its position in the global maritime industry. (Maritimt Forum, Norway; Dutch Maritime Network, 2006)