Application of geoeconomics in seaport operations: a theoretical proposal for post Covid-19 recovery strategy
Jagan Jeevan, Nurul Haqimin Mohd Salleh, Izyan Munirah Mohd Zaideen, Mohamad Rosni Othman, Masha Menhat, Livingstone Divine Caesar
Abstract
Johor Port and Port of Tanjung Pelepas (PTP) are two adjacent seaports act as backbone of the Malaysian international trade and economy. The probability of these seaports catering the same client is very high and may cause overlapping in the hinterland area. This will further result in the waste of resources, congestion in traffic and reducing the competitiveness of seaports. The situation worsened during Covid-19 outbreak as these two seaports faced issues related to capacity and efficiency. This paper employs geoeconomics concept to assist these seaports to design a post Covid-19 recovery plan for these seaports via temporal, spatial and policy taxonomies. An explanatory sequential mixed method design has been employed to meet aims of the paper. The results show that hinterlands in the Southern region are important as production centres, providing logistics efficiency and improving the connectivity. Given the importance of service recovery to continue patronage of these seaports among customers, revitalising 4th industrial revolution and materialising inland capacity are additional post Covid-19 recovery strategies for improved seaport performance from a policy and spatial taxonomies.