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- Captain Subramaniam Karuppiah
Risk and Resilience
One year on from the COVID19 global pandemic outbreak, ports around the world have demonstrated their resilience in keeping supply chains operational. This has been the case despite initial labour shortages, disruptive governmenal interventions to limit the spread of the disease and highly unpredictable supply and demand conditions due to panic consumption and multiple lockdowns impacting economic activity. With disruption still the norm, particularly in the container sector with imbalances created and rates at an all time high, ports are reassessing how to cope with crises on a permanent basis. In this insightful session, find out exactly what sort of measures ports should be taking in order to prepare themselves for the next crisis, be it financial, health-related, economic, climate-change related or otherwise.
The initial impact of the COVID19 pandemic on ports in South East Asia and Oceania was significant, with the region suffering both extremes of major drops in vessel calls and cargo handled followed by an influx of demand and capacity utilization as the recovery took hold. With recent reversals in trends, ports are faced with the need to build up long-term resilience to combat extreme fluctuations in demand, ever-increasing vessel sizes, and changes in trade patterns. In this session learn how a variety of very different ports are handling these challenges.