Singapore's $14 Billion Mega-Port Takes Aim at Shipping Chaos
City state’s plan for a highly automated port with double the existing capacity offers a strategy for easing global supply-chain congestion.
Singapore’s Tanjong Pagar terminal near the central business district. Located in the Strait of Malacca, Singapore is a regular pit stop on container routes that connect Asian factories to consumers in Europe.
Photographer: Ore Huiying/BloombergAs the world’s economies struggle to untangle unprecedented congestion in global supply chains, one of the world’s busiest ports is backing an ambitious modernization plan to provide solutions.
Singapore is forging ahead with a S$20 billion ($14 billion) project to build the world’s biggest automated port by 2040 — one that will double the existing space and feature drones and driverless vehicles. The city state started operations at two new berths last year, and construction work is continuing on the next phase.