Singapore official urges shipping to get IT iterate

Tang Beng Tee, a senior official at the Maritime and Port Authority of Singapore, said: ” The advent of digitalisation will help improve processes in the industry but it will also disrupt the way you do business. With this in mind, there is a need for us to be prepared and start thinking about the new business models that will arise as a result of digitalisation in the industry.”

“Another area we need to start focusing on is the skills of our workforce. Shipping is a traditional and documents intensive industry. This will no longer be the case in the future with blockchain coming into the market. New skills will be required and we will need to start equipping our workforce with cross-disciplinary skills such at IT literacy and data analytics.”

(Splash247)