Ad Banner
Advertisement by Open Privilege
Singapore

The lingering impact of the Sentosa Oil spill on Waterfront F&B and yachting businesses

Image Credits: UnsplashImage Credits: Unsplash
  • The oil spill has caused significant revenue losses and decreased footfall for waterfront F&B and yachting businesses in Sentosa.
  • Long-term cleanup efforts are underway, but recovery is expected to take months.
  • Government and community support, along with business resilience, are essential for overcoming the impact of the spill.

The serene beaches and bustling waterfronts of Sentosa, Singapore, have long been a haven for tourists and locals alike. However, the recent oil spill at Pasir Panjang Terminal has cast a dark shadow over this idyllic locale. The spill, which resulted from a collision between a dredger and a bunker vessel, has not only marred the natural beauty of the area but also wreaked havoc on local businesses.

The oil spill, which occurred on June 14, 2024, has had a profound impact on the local economy. Sentosa's beaches, including Tanjong, Siloso, and Palawan, were among the hardest hit. The spill led to the closure of these beaches, significantly reducing foot traffic and causing a sharp decline in revenue for nearby businesses.

A spokesperson for Coastes Singapore, a popular seaside restaurant at Siloso Beach, reported a staggering 60% drop in revenue over the past two weeks. "We feel the recovery time will stretch into months, given how long public perception can linger following an incident such as this," the spokesperson added.

Impact on Yachting Businesses

Yachting businesses have also been severely affected. YachtCruiseSG, a company with boats berthed at Sentosa Cove, reported losses of approximately S$3,200 in a single day due to canceled reservations. The entrance to the marina was blocked off, preventing vessels from leaving and causing significant disruptions to their operations.

Long-Term Recovery Efforts

Efforts to clean up the spill are ongoing and have entered a second phase, which involves specialized cleaning of hard-to-reach areas such as rock bunds. This process is expected to take up to three months to complete. Despite these efforts, the road to recovery for affected businesses remains uncertain.

Minister for Sustainability and the Environment Grace Fu expressed optimism about the progress of the cleanup but acknowledged the challenges faced by local businesses. "Understandably, footfall has dropped. But glad to hear that business has picked up slightly, and operators are positive about the progress of the cleanup," she wrote on Facebook.

Environmental Impact

The environmental impact of the spill has also been significant. Local conservation group Marine Stewards reported sightings of marine wildlife covered in oil, including kingfishers and otters. The group is working with other organizations to facilitate the rescue and rehabilitation of affected wildlife.

Government and Community Response

The Singaporean government has deployed around 1.5km of oil-absorbent container booms near the beaches and off public park waterways at East Coast Park, West Coast Park, and Labrador Nature Reserve. The clean-up operation involves spraying dispersant chemicals to break down the surface oil into droplets to enhance biodegradation.

Approximately 1,500 volunteers have come forward to help with the clean-up, but most of the work is being carried out by contracted laborers. On Sunday, several workers could be seen on the shores of Sentosa, shoveling blackened heaps and sifting through the oily surf.

Business Resilience and Adaptation

Despite the challenges, some businesses have shown resilience and adaptability. Rumours Beach Club at Siloso, for instance, managed to maintain a relatively steady flow of customers by offering family-friendly activities and leveraging the Father’s Day weekend to attract visitors.

The oil spill at Pasir Panjang Terminal has had far-reaching consequences for waterfront F&B and yachting businesses in Singapore. While cleanup efforts are underway, the road to recovery will be long and arduous. The resilience and adaptability of local businesses, coupled with government and community support, will be crucial in overcoming this environmental disaster.

Ad Banner
Advertisement by Open Privilege
Economy Malaysia
Image Credits: Unsplash
EconomyJuly 5, 2024 at 7:30:00 AM

Malaysia needs to improve these three things

Malaysia stands at a pivotal juncture in its development journey. As the nation transitions towards becoming a high-income economy, it must address key...

Economy Singapore
Image Credits: Unsplash
EconomyJuly 4, 2024 at 1:30:00 PM

Singapore's $850 cash boost: 1.5 million citizens to receive financial aid amidst rising costs

The Singapore government has announced a substantial financial aid package for its citizens. Approximately 1.5 million eligible Singaporeans are set to receive cash...

Economy Malaysia
Image Credits: Unsplash
EconomyJuly 4, 2024 at 11:30:00 AM

Malaysian minister reports dramatic 87% decrease in diesel seizures following targeted subsidy implementation

Malaysia's domestic trade and cost of living minister, Armizan Mohd Ali, has announced an astounding 87% decrease in diesel seizures since the implementation...

Economy United States
Image Credits: Unsplash
EconomyJuly 4, 2024 at 7:30:00 AM

Oil prices climb on significant weekly drop in US crude inventories

Oil prices have experienced a significant uptick, driven by a larger-than-anticipated drawdown in US crude inventories. This development has bolstered market sentiment, suggesting...

In Trend World
Image Credits: Unsplash
In TrendJuly 3, 2024 at 11:30:00 AM

Floating cities: A revolutionary solution to combat rising sea levels?

In an era of rapid climate change and rising sea levels, coastal communities worldwide face an unprecedented challenge: how to adapt to the...

Economy United States
Image Credits: Unsplash
EconomyJuly 3, 2024 at 8:00:00 AM

Oil prices retreat as Hurricane Beryl concerns subside

Crude oil prices experienced a downturn on Tuesday, July 2, 2024, as initial apprehensions surrounding Hurricane Beryl's potential impact on oil supplies began...

Economy United States
Image Credits: Unsplash
EconomyJuly 3, 2024 at 8:00:00 AM

Wall Street surges: Tesla and Megacap stocks drive major indices to new heights

Wall Street's major indices closed higher on Tuesday, July 2, 2024, driven by impressive gains in Tesla and other megacap stocks. This rally...

Economy Malaysia
Image Credits: Unsplash
EconomyJuly 3, 2024 at 8:00:00 AM

Government spending highlights the need for urgent fuel subsidy reductions

The Malaysian government is grappling with rising expenditures, which has brought to the forefront the urgent need to cut fuel subsidies. This fiscal...

Economy United States
Image Credits: Unsplash
EconomyJuly 3, 2024 at 5:00:00 AM

Tesla boosts Nasdaq to 22nd record close of the year

Tesla's recent performance has once again demonstrated its significant influence on the stock market. On July 2, 2024, a notable surge in Tesla...

Economy Singapore
Image Credits: Unsplash
EconomyJuly 3, 2024 at 12:30:00 AM

Singaporeans encouraged to chase diverse dreams and define their own success: PM Wong

In a recent address, Prime Minister Wong highlighted the Singapore government's dedication to empowering its citizens to pursue diverse aspirations and define their...

Economy Singapore
Image Credits: Unsplash
EconomyJuly 3, 2024 at 12:00:00 AM

Shell heist exposed: Ex-employees plead guilty to multi-million dollar gas oil theft in Singapore

In a startling development that has sent shockwaves through the energy sector, two former Shell employees have pleaded guilty to their involvement in...

Ad Banner
Advertisement by Open Privilege
Load More
Ad Banner
Advertisement by Open Privilege