Singapore Market Report 2015

Page 32

The Port of Singapore’s early

on to tongkangs – light wooden cargo

remote Indonesian islands for

development occurred in tandem with

boats – which took the precious cargoes

transhipment on to markets as far away

other major revolutionary changes to

down the Singapore River to be stored

as London and Amsterdam where they

global trade. The new harbour rapidly

in warehouses and go-downs. The city

fetched extraordinarily high prices;

grew - the first drydock known as

grew up around the port, thriving from it,

Chinese manufactured goods (in those

Number 1 Dock was completed in 1859;

profiting from it.

days including pig bristle toothbrushes,

the second, Victoria Dock, in 1868 to be followed by the Albert Dock in 1879. In 1900 what had been known as the New

Singapore’s rapid growth was based

India tea clippers moored alongside

Harbour was officially renamed Keppel

on the three main networks of trade

Chinese junks. As steam superseded

Harbour – the man who had chased the

that flowed through the waters just

sail so the Port of Singapore became a

pirates away over 50 years before visited

offshore of the settlement. The Chinese

major coaling station. Pirates remained

to witness the renaming ceremony.

Network connected all of Southeast

a problem – in the Malacca Straits and

Captain, now raised to Admiral, Henry

Asia to the teeming southern Chinese

elsewhere – and so British warships on

Keppel was 92 years of age. At the same

ports stretching from Hong Kong and

patrol were also a regular sight.

time as the facilities were constructed so

Canton up through Fujian to Amoy

other changes occurred – in the 1850s

(Xiamen), Ningpo (Ningbo) and Shanghai

the Port of Singapore had become

trade opened with the Kingdom of Siam;

– everything from lacquer ware and

the dominant port of Southeast Asia.

the Straits Settlements were formed in

opium; pig bristles and eggs flowed

It’s success at the heart of the three

1867 giving Singapore greater access

through this network. The Southeast

networks crucial, but its historic

to the hinterlands of Southeast Asia

Asian Network linked the myriad islands

creation as a free port essential, to

and, crucially greatly increasing the

of the Indonesian archipelago with

its success. Its largest regional rival,

volume and speed of West-East trade via

highly valuable spices at its heart. Lastly

Batavia (now Jakarta), under Dutch

Singapore, the Suez Canal was opened

the Indo-European Network connected

control, retained cumbersome and often

in 1869.

the Far East to the ports of the Indian

expensive restrictions. Both the English

out to the world and vice versa. East

Within a decade of its formation

Ocean littoral and on to Europe. These

country traders and the Chinese junk

one of the world’s busiest. Ships crowded

networks were of course complimentary.

traders deserted Batavia for Singapore.

the harbour, labourers unloaded cargoes

Spices flowed into Singapore from

Tanjung Pinang in the Riau Islands,

The Port of Singapore was already

30

fine porcelain, ornate furniture) went

The Three Networks

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