Dubai Placed Among Top 5 Shipping Centres

HH Sheikh Mohammed bin Rashid Al Maktoum

Dubai has successfully retained its leading position as the first city in the region to rank among the world’s top five destinations for the maritime industry in the International Shipping Centre Development, ISCD, Index for the third consecutive year, ranking ahead of many prominent maritime hubs.

Singapore tops the list for the seventh consecutive year followed by London, Shanghai, Hong Kong, and Dubai. London and Dubai are the only top 5 international shipping centers outside Asia, with London moving up one spot into.

The emirate’s continuing status as a global hub for maritime shipping and logistics was revealed in a report that was recently issued by Baltic Exchange, and Xinhua, a London-based international news agency affiliated with the China Economic Information Service, CEIS.

According to the official news agency WAM, the latest recognition once again underscores the competitiveness, attractiveness, and inclusiveness of Dubai’s local maritime environment, which can be compared to the best in the world.

Also Read: Dubai Ramps Up Safety Measures

The achievement is also attributed to the emirate’s leadership which constantly enhance the legislative, regulatory frameworks and infrastructure, marine services, and logistical capabilities, in a way to reinforce the global community’s confidence in Dubai’s maritime sector. The index is based on objective criteria, which include the quality and efficiency of infrastructure, port productivity, the scope of maritime support services, and the competitiveness of the business and investment environment, among others.

Sultan Ahmed bin Sulayem, Chairman of Dubai Ports, Customs and Free Zone and Chairman, Dubai Maritime City Authority, DMCA, said, “For the third year in a row, Dubai has succeeded to maintain its position among the world’s top five destinations for maritime shipping. The latest accolade is the outcome of the unwavering support provided by the wise leadership, in addition to the joint efforts undertaken by the public and private sectors to enhance the components of the maritime sector, to match the best in the world.”

Also Read: Smart Robots To Sterilise Dubai Hospitals

Read More: Abu Dhabi Agro Exports touch $17.4 Bn in 2019

[soliloquy id="31272"]
[soliloquy id="31269"]

Leave a Reply

Your email address will not be published. Required fields are marked *