Dubai outperforms Rotterdam and Hamburg to consolidate its position among major maritime clusters
The latest report by Baltic Exchange for trading and shipping and the Xinhua news agency of the China Economic Information Service based in London has ranked Dubai fifth in the International Shipping Centre Development Index (ISCDI) for the second consecutive year.
Dubai’s ranking as the world’s fifth best maritime hub reflects its highly competitive capabilities, which include state-of-the-art infrastructure, world-class maritime and logistics capabilities, a competitive business environment, and investment and free zones that offer integrated services the best in the world.
The Emirate has outperformed some of the world’s top maritime centers including Rotterdam and Hamburg that ranked sixth and seventh respectively. Singapore topped the list for 2019, with Hong Kong second and London third and Shanghai fourth.
Dubai maintained its fifth position globally, supported by a portfolio of advanced marine services and innovative logistics solutions that reflect the attractiveness, competitiveness and comprehensiveness of the local maritime cluster.
“We are exploring ways to enhance the confidence of regional and international investors in the local maritime sector, especially shipping, ports, engineering, training and maritime support services, based on strong foundations of R&D, innovation and smart transformation,” said Sultan Ahmed Bin Sulayem, Chairman of Dubai Ports, Customs and Free Zone and Chairman, Dubai Maritime City Authority (DMCA).
International Shipping Centre Development Index (ISCDI) follows a methodology based on the assessment of competitiveness in attracting maritime businesses and efforts to integrate creativity and innovation in maritime centers around the world, as well as the vital role played by each of the candidates in stimulating the growth of the global maritime sector.
