The future of containerisation shipping and trade : a study of port operations
The shipping industry has changed drastically since containerisation revolutionised the industry seven decade ago. With it, the shipping industry have also reaped the convenience, efficiency and cost savings. As a rapidly innovative and growing region, Asia is a hub for the shipping industry to thri...
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| Format: | Final Year Project |
| Language: | English |
| Published: |
2019
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| Online Access: | http://hdl.handle.net/10356/78697 |
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| Institution: | Nanyang Technological University |
| Language: | English |
| Summary: | The shipping industry has changed drastically since containerisation revolutionised the industry seven decade ago. With it, the shipping industry have also reaped the convenience, efficiency and cost savings. As a rapidly innovative and growing region, Asia is a hub for the shipping industry to thrive. However, the region is also facing unprecedented competition with the recent port projects and developments. This study aims to explore the future of containerisation shipping and trade in Asia for the next ten years. In this study, we will be investigating based on the operational efficiency, productivity and profitability factors. We will also engage an in-depth analysis to compare various innovations pertaining to the sector. The shipping industry is dynamic and hence, the future of port operations is still broad. Without a doubt, automation and digitalisation will continue to permeate the container industry so as to improve productivity and increase profitability. In addition, sustainability is a major topic of discussion in the maritime industry and will continue to be so for the next decade to come. Sustainability is a complex and diverse topic and it is also becoming increasingly crucial in the modern world. Radical changes to the containerisation industry are expected and the industry has to ultimately be prepared to welcome the tide of changes and innovations. It is hoped that this study will help provide a clearer picture on the outlook of the containerisation landscape in the next decade. |
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