Singapore secured its lead as the world’s top maritime centre in the Xinhua- Baltic International Shipping Centre Development (ISCD) Index. This is the ninth consecutive year that Singapore is ranked first on the index.
The ISCD index is published by the Baltic Exchange, a global maritime data provider,incollaborationwithChinesestatenewsagency,Xinhua.Theindexprovides an independent ranking of the performance of 43 maritime locations on factors includingcargothroughput,portfacilities,maritimeservicesandbusinessenvironment. Singapore is ranked first, based on its robust port infrastructure, a comprehensive range of maritime services and supportive governmentpolicies.
Mr Chee Hong Tat, Senior Minister of State for Finance and Transport, said, “Maritime Singapore’s continued success as a leading maritime hub would not have been possible without the strong collaboration between our tripartite partners. I thank our industry and unions for their resilience during the pandemic. We will continue to innovate and grow together, and bring Maritime Singapore to greaterheights.”
Please refer to the Xinhua-Baltic International Shipping Centre Development Index at
, and the Annex for additional quotes from industry partners.
| Annex Additional quotes from industry partners |
