Think about the things that you use every day – your smartphone, the coffee beans that go into your morning brew, or the chair that you are sitting on. Chances are, they travelled thousands of miles by sea before reaching Singapore.
More than 80 per cent of the world’s goods are transported by sea, making the maritime industry the backbone of global trade. And Singapore sits at the heart of this ecosystem. It is the world’s leading container transshipment and bunkering – or vessel-fuelling – hub.
At any given time, about 1,000 ships are in Singapore’s waters, carrying essential goods such as food, fuel and construction materials.
Ng Yi Han, chief transformation officer and senior director for Innovation, Technology and Talent Development at the Maritime and Port Authority of Singapore (MPA), shares: “Many people may not realise this, but the maritime industry plays an outsized role, especially in Singapore, where we are a major global supply chain hub.”
Watch to find out more about the maritime industry.
Singapore’s influence extends well beyond its shores. It is home to one of the world’s busiest ports and punches above its weight in global maritime trade. Its strategic location, world-class port infrastructure, global connectivity, trusted institutions and deep ecosystem of maritime services have made it a key node of global commerce.
Keeping everyday life moving
As a member of the Council of the International Maritime Organization (IMO) – the United Nations agency responsible for regulating international shipping – Singapore actively supports the IMO in shaping global standards and policies that govern the industry.
For all its importance, the maritime sector often operates out of the public spotlight. Many see only the ships and ports, not the diverse careers behind them – from technology and sustainability to policy, logistics and global trade.
Vessel traffic officers use real-time information to keep ships moving safely through Singapore’s port waters.
PHOTO: MARITIME AND PORT AUTHORITY OF SINGAPORE
“People usually don’t see the maritime industry working quietly behind the scenes 24/7,” says Ng. “The average Singaporean doesn’t realise that when they do their groceries at the supermarket, these goods are actually brought to Singapore by ships from all over the world.”
When these supply chains are disrupted, the effects can be felt across the economy through shortages, delays and rising costs.
Ng experienced this first-hand. When the Covid-19 pandemic struck, he watched as port congestion and crew shortages cascaded into global supply chain disruptions. This led to emptied supermarket shelves and drove up prices worldwide.
“When the maritime industry is under stress, the ripple effects spread far beyond the ports, and everyone feels it,” he recalls.
Despite the industry’s significance, maritime may not always be top of mind for fresh graduates or professionals considering a career switch.
Careers in maritime go beyond working at sea. ZAG International senior chartering manager Vale Tan, for example, monitors market trends, vessel availability and freight rates to help move cargo efficiently around the world.
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