Distinguished Guest views of Port Connectivity Forum
The Port Connectivity Forum which was hosted by APSN and co-hosted by Maritime and Port Authority of Singapore has been successfully held on 16 November 2018 in Singapore. The Forum is to respond to the APEC Connectivity Blueprint (2015-2015), promote the connectivity of APEC port industry and conduct the platform of cooperation and communication of ports in Asia-Pacific Region. The chairman of MPA delivered a welcome remarks to all the participants. More than 200 distinguished speakers and guests from Canada; China; Hongkong, China; Japan; Korea; Malaysia; Papua New Guinea; Peru; Singapore; Chinese Taibei; Thailand; the Philippines; the United States and Vietnam member economies and international organizations attended the Forum.
The theme of the Forum is “The Future of the APEC Port ”, there were speech session, panel session and interactive session. Participants learned a lot lessons from the Forum. Speakers and participants shared views and exchanged ideas on the Forum. We are glad to share the speakers’ views with the port industry.
Jointly Building the 21st –Century Maritime Silk Road
Keynote Speech by Mr. Shan Hongjun, Deputy Director-General, Department of International Cooperation, Ministry of Transport of China
The ancient Silk Road, both by land and water, played an irreplaceable role in promoting the development of regional economy, East-West culture and people exchange, and was a very important section in the human civilization history.
Entering into the 21st century, aiming at regional economic integration and common prosperity, an initiative of jointly building the Silk Road Economic Belt and the 21st-Century Maritime Silk Road was raised by Chinese President Xi Jinping.
A safe, well-connected, and green maritime transport is the pillar for the 21st century maritime Silk Road, and ports are centers and connecting points of this road.
I am happy to see that the GPAS, the Green Port Award System, initiated by APSN, just awarded 9 ports in 2018 and 7 ports in 2017 this morning. The awards are a very strong demonstration of every GPAS recipient to show your continued efforts and commitments for the communities to take your responsibilities for a sustained society.
The objective of the 21st-Century Maritime Silk Road is to build a safe, well-connected and green maritime transport industry, Till now, over 100 economies and international organizations have given warm responses and support to the initiative, more than 40 economies and international organizations have signed cooperation agreements with China.Chinese companies have invested over $50 billion and launched a number of major projects along the routes, spurring economic development and employment.
The Belt and Road Initiative features mutual respect and trust, mutual benefit and win-win cooperation, and mutual learning between civilizations. As long as all parties along the Belt and Road make concerted efforts to pursue our common goal, there will be bright prospects for the Belt and Road initiative, and the people along the Belt and Road can all benefit from it.
Rising to the Challenges: Leveraging on the Opportunities through Connectivity
Andrew Tan, Chief Executive, Maritime and Port Authority of Singapore
Maritime industry faces its own set of challenges: Mega Alliances, increasing vessel sizes, environment related pressures and advent of new technologies eg. Digitalization. Responding to the challenges, there are three connectivity strategies: Physical connectivity, Digital Connectivity and International Connectivity. Singapore’s strategy is long-term planning for hub port development. The next generation Tuas port is efficient port, next generation port 2030, intelligence port, safety and secure port, as well as green and community-orientated port. Tapping technology: Automated Port Operations, Digital Twin of TUAS Port, Simulation and AI, Automated Terminal Operations will be used to enhance operation. Digital Connectivity: leverage on blockchain technology to achieve greater assurance and trust of documents, development of maritime single window, integrating physical flows, financial flows and regulatory flows, digital connectivity across ports and creating a port innovation ecosystem. International Connectivity: international standards, international forum and networks to foster collaboration.
APEC Connectivity Blueprint
Akhmad Bayhaqi, Senior Analyst, APEC Policy Support Unit, APEC Secretariat
The Vision of APEC Connectivity Blueprint in 2025 is Strengthen physical, institutional, and people-to-people connectivity by taking agreed actions and meeting agreed targets by 2025.
Combining infrastructure with ‘smart system’ can make trade facilitation more integrated and intelligent. Several examples of new technology applications in the port industry: Internet of Things, Robots, 3D printing technologies, Big data. E-commerce is fueling growth in retail trade. Its global total sales is expected to increase threefold to USD3.6 trillion in 2019, and Asia-Pacific is where most of the growth will be. While for now, most of e-commerce sale is domestic, more buyers are increasingly shopping across the border.
The Challenges of Port Industry and the Strategies of COSCO Shipping Ports
Ms. Huang Li, General Manager of Planning and Research Department, COSCO Shipping Ports Ltd.
World economic environment has been undergoing drastic changes in 2018. Liner alliance, Eco-friendly, 3D printing, Large container ships bring challenges to port industry. The direction of trade flow is changing by the industrial transfer. But maritime transport will continue to be the most economical way of transport in the medium and long term. Many studies show that reducing barriers in the international supply chain offers huge potential to boost trade, economic growth and jobs creation. Something will never change, ie. customers are always searching for lower price, more diverse selection of products and greater convenience.
COSCO Shipping Ports has 43 container terminals, 2017 Container Throughput is 100.2M TEUs, rank No.1 in the world. COSCO Shipping Ports will continue to optimize its global terminal network by exploring investment opportunities in emerging markets such as Southeast Asia, South Asia, Africa, the America etc., with the vision of building its global terminal network to maximize enterprise value. Develop our unique business model that Cannot be duplicated by others. By beefing up the synergies with our parent company COSCO Shipping and OCEAN Alliance, we can promote stronger port volume growth and drive a rapid growth in profitability. Our company is promoting the application of the Navis TOS system to achieve digital transformation. It should elevate the overall operational efficiency of our ports, reduce cost, and provide our customers with better services and enhance our competitiveness. Build Port Supply Chain Platform.
Shipping and Port Connectivity--Digitization Opportunities
Mr. Dan Jian，Head of Business Development – Asia，APM Terminals, Maersk Group
Container shipping, port and the associated inland logistics sector is a critical link to facilitate global trade and economic growth. Studies show that digital innovations in the international supply chain offer huge potential to boost trade, economy and jobs creation. Potential of Blockchain Technology to connect the entire global supply chain ecosystem partners. Connect with Internet of Things (IoT) to enable sharing of cargo status information on a real time basis. Maersk and IBM aim to connect the entire supply chain ecosystem through TradeLens, a platform marketplace. Potential of digitization/automation to connect and transform container port operations. Maersk is currently focused on port terminal digitization with the aim to launch port-city smart logistics products through further supply chain connectivity and collaboration. Challenges are including: the support from participating regulatory authorities and government stakeholders; Data protection，Open eco-system for supply chain partner collaboration，Local or national standards/priorities vs global trade and supply chain collaboration，Develop management cultures to embrace the opportunities of digital transformation，Compete with the likes of Amazon and Alibaba and attract the talent to develop, apply and operate in the digital age. We must not forget the challenges of cyber security! Participants from all sectors of the transportation industry need to collaborate & connect in order to build the “digital silk road”.