DEVELOPMENT OF THE NEW STRUCTURE FOR MARITIME INDUSTRY POLICY

A comprehensive maritime industry policy that can be adequately monitored to achieve a competitive advantage is important. the malaysian maritime industry comprises multifaceted sectors that are governed by fragmented government agencies. in this paper, the malaysian maritime industry clusters comprising three main sectors: shipping, ship industry, ports and terminals is introduced. the competition, location, connection, government and chance factors affect the capability of the malaysian maritime industry cluster. this paper proposes a new governance structure specifically designed towards sustainable management of the maritime industry. this paper will give a framework for regulatory bodies and the various stakeholders to support the malaysia maritime industry progressing towards a more competitive and sustainable development of the industry with the aim to become a developed maritime nation.