Singapore learns how to adapt to shipping's new normal
With supply chain shocks caused by the coronavirus backdrop affecting the industry, connections need to be made more diverse, flexible and integrated to counter future problems
Monetary Authority of Singapore managing director Ravi Menon said resilience must be built up in the supply chain, in industry and the workforce as well as for the planet overall. However, those that have been flexible and quick to react such as port operator PSA International have already been able to benefit from the situation and are also not letting up on efforts to increase digitalisation and reskill the workforce to cope with the demands of the future