Emirate’s continuing status as a leading global maritime hub entrenched by the latest International Shipping Center Development Index
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.
Dubai ranked ahead of the following maritime cities:
- Rotterdam;
- Hamburg;
- New York;
- New Jersey, and
- Tokyo
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.
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.
The achievement can be attributed to the directives of the wise leadership to constantly enhance the legislative, regulatory frameworks and infrastructure, marine services, and logistical capabilities, which also contributes to reinforcing 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.”
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. The achievement can be attributed to the directives of the wise leadership to constantly enhance the legislative, regulatory frameworks and infrastructure, marine services, and logistical capabilities, which also contributes to reinforcing 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.
Following its victory in 2018 and 2019, Dubai has succeeded to maintain the first spot in the ISCD Index for the third consecutive year. ISCD is a ranking system that is based on numerous pointers and standards such as the capacity to attract marine businesses, the amount of utilizing innovation and creativity in maritime centres around the world, and their overall impact and assistance in driving the growth of the global shipping sector.
