Singapore has retained its ranking as the world’s top maritime centre in the Xinhua- Baltic International Shipping Centre Development (ISCD) Index for the tenth consecutive year.
The latest Xinhua-Baltic ISCD index published this year by the Baltic Exchange and China’s Xinhua News Agency ranked Singapore as the leading maritime centre among 43 global maritime hubs, based on factors such as cargo throughput, port facilities, maritime services and business environment.
Chee Hong Tat, Acting Minister for Transport and Senior Minister of State for Finance, said: ‘We will continue to grow our maritime industry to create more good jobs for our people, and make Singapore the global maritime hub of choice.’
Teo Eng Dih, Chief Executive of the Maritime and Port Authority of Singapore, said: ‘We will continue our work with our partners to enhance Singapore's connectivity, advance digitalisation efforts, and accelerate the decarbonisation of international shipping.’
