By Jean-Paul Rodrigue

East Asia Forum-Oct 31, 2024

Despite facing growing competition and uncertainty due to geopolitical events, Singapore has maintained its prominence in maritime shipping, with its status as a primary transshipment hub evident in its sizeable port activity. The 2023 Red Sea crisis resulted in a temporary surge in Singapore’s traffic, but also underlined its vulnerability to geopolitical events. Though its future prospects remain solid, particularly with its geographical advantages and the development of the Tuas mega container port, the city-state will need to adapt to a constantly changing international environment. Read more at: https://eastasiaforum.org/2024/10/31/singapore-stuck-between-a-shipping-hub-and-a-hard-place/ First published in East Asia Forum

TAGS: ASEAN-Singapore-Social Issues