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In the development of international shipping centers, ISCD, and indexes, Dubai has successfully maintained its leading position among the top five destinations in the world’s shipping industry.
A recent report by the Baltic Exchange and the London International News Agency Xinhua, a subsidiary of the China Economic Information Service (CEIS), revealed the emirate’s continued status as a global shipping and logistics hub.
Dubai ranked fifth among the 20 most powerful international maritime commercial shipping centers for the fourth consecutive year, ranking first in the region, ahead of Rotterdam, Hamburg, Athens/Piraeus, New York/New Jersey and Ningbo/Zhoushan . According to the ISCDindex report in 2021, Singapore, London, Shanghai and Hong Kong are the four major global freight centers.
His Excellency Sultan bin Sulayem, Chairman of Ports, Customs and Free Zone Companies, He expressed optimism about the results of the recent report and stated that Dubai can maintain its position among the top five shipping destinations in the world for the fourth consecutive year, proving the city’s leading position in this field and excellent shipping capabilities. The existing business environment in the UAE.
Bin Sulayem stated that the latest recognition reflects Dubai’s competitiveness in the global shipping landscape and its ability to implement scientific frameworks and policies to improve the efficiency of the maritime sector.
Your Excellency added that Dubai’s maintaining its leading position as the only city on the list in the Arab world clearly demonstrates the emirate’s continued development and its desire to strengthen its position on the global ocean map.
Sheikh Said bin Ahmed bin Khalifa Al Maktoum, Executive Director, Dubai Maritime City Authority,Said that the International Shipping Center Development Index assesses the competitiveness of attracting shipping companies and the degree of development of global shipping centers. In addition, it assessed their impact in promoting the growth of the global shipping industry. The index also assesses the government transparency of each country on the list, as well as the convenience of doing business, the performance of logistics services, and the capabilities of national departments and e-government.
The Executive Director of the Maritime Safety Administration explained that the index uses a comprehensive evaluation model to evaluate 3 first-level indicators (port infrastructure, shipping services and overall environment) and 16 second-level indicators to evaluate the overall performance of 43 cities that provide port and shipping services around the world. .
Sheikh Saeed stated that the index is based on a number of secondary factors, including: the speed of transporting dry and liquid cargo, the number of cranes, the capacity of containers and the port draught. It also measures the number of shipping services provided by countries, such as shipping brokerage, shipping engineering, shipping business and shipping financing, as well as maritime legal services and tariffs for shipping.
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