For the third year in a row, Dubai ranked fifth on the list of the five best in the world in the “International Shipping Centers Development Index” (ISCD), outperforming Rotterdam, Hamburg, Athens, New York-New Jersey and Tokyo.
International Shipping Centers Development Index
Dubai is among the top five in the world with the “International Shipping Centers Development Index”
Dubai’s choice was among the top global maritime centres for shipping and logistical services, according to the recently released report by the «Baltic Exchange» Trade and Shipping and the agency «Xinhua».
It is based in the city of London and confirms the new achievement competitive, attractive and comprehensive environment The local navy, which has become comparable to the best in the world, under the guidance of good leadership, to upgrade the legislative, regulatory and infrastructure, marine services and logistical capabilities.
Sultan Bin Sulayem, President of the Dubai Ports, Customs and Free Zone Corporation and head of the Dubai Maritime City Authority, said: Dubai continues the path of achievement and leadership by maintaining again its leading position, within the first five centres globally in international shipping, and for the third year in a row, which is due primarily To the continuous support from the rational leadership and the joint efforts of the public and private sectors to strengthen the components of the marine sector, to match the best in the world.
UAE comprehensive plans to modernize shipping operations
On our part, we continue our efforts to enhance the emirate’s competitiveness on the global shipping map, to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, supported by our comprehensive plans to modernize the attractive legislative and legal structure and develop shipping operations, ports and support services Marine, ship operation and maintenance, taking advantage of technological development, innovation, research and development.
Dubai’s superiority over a number of the most prominent marine capitals, such as
- Rotterdam
- Hamburg
- Athens
- New York-New Jersey
- Tokyo
It is a first achievement in the Arab world, to reflect the success of the maritime sector’s strategy in laying strong foundations, to ensure the highest levels of operational efficiency, marine safety and safe navigation.
Attracting marine investments competitive advantage
Modern ports with high absorptive capacity emerge as an important competitive advantage and a fundamental pillar for attracting marine investments to the emirate.
It is considered one of the most important business centres in the world according to the International Shipping Centers Development Index.
So as to provide secure means for the advancement of the shipping sector, in line with Dubai’s pivotal role as a link between East and West, and in line with the preparations for the next fifty years, which charts a new stage of economic and development renaissance.
Dubai was chosen for the first time in the fifth position globally on the International Shipping Centers Development Index in 2018, to maintain its advanced global position in 2019 and 2020.
International Shipping Centers Development Index methodology
The “International Shipping Centers Development Index” is based on a methodology that assesses the competitiveness of attracting maritime businesses, and determines the extent of development in establishing a culture of creativity and innovation in maritime centres around the world, as well as the general impact and pivotal role in driving the growth of the global shipping sector.
