Deregulation policy and revitalization of Singapore's bunker supply industry: An appraisal

D. A. Pinder

Maritime Policy & Management, 1997, vol. 24, issue 3, 219-231

Abstract: High bunkering standards are important for ship operators and port authorities for a variety of reasons. When problems arise they may have serious consequences for a port's image. Faced with a range of difficulties, since 1985 Singapore has attempted to revitalize and modernize its bunkering industry, deploying market deregulation to raise service quality and expand consumption. This policy is assessed in terms of its quantitative and qualitative consequences, and as an example of the outcomes of deregulation. Early price reductions achieved substantial market growth, but low-cost bunkering has more recently been significant as a counterbalance to new quality problems generated by unsupervized competition. These have necessitated substantial policy responses in the 1990s which are only now overcoming the setbacks caused by the unregulated market.

Date: 1997
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/03088839700000027 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:marpmg:v:24:y:1997:i:3:p:219-231

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TMPM20

DOI: 10.1080/03088839700000027

Access Statistics for this article

Maritime Policy & Management is currently edited by Dr Kevin Li and Heather Leggate McLaughlin

More articles in Maritime Policy & Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().