Dubai has reached a new milestone in the international maritime sector after being selected as one of the world’s top five hubs in the International Shipping Centre Development Index (ISCD). Dubai has secured fifth position and overtaken Hamburg, which fell from fourth to seventh place. The ranking confirms the emirate’s reputation as one of the leading maritime shipping and logistics centres in the world, with Singapore leading the way, followed by Hong Kong, London and Shanghai.
Amer Ali, Executive Director of Dubai Maritime City Authority (DMCA), expressed delight at the achievement, which he says is a testament to the success of the efforts that have been made to enhance the competitiveness of the local maritime sector and consolidate Dubai’s leadership as a major global maritime player. He adds, “We are working hard to create a vibrant maritime environment to attract industry leaders and to promote Dubai’s status as a global shipping centre, supported by a series of initiatives, including the Dubai Maritime Virtual Cluster (DMVC), Dubai Maritime Cluster Office (DMCO) and Maritime Dubai. These will help pave the way for Dubai and the UAE to become an established and influential force within the global maritime economy.”
The International Shipping Centre Development Index sets its rankings by using a methodology assessing the hub’s competitiveness, its ability to attract maritime businesses, the development of efforts in relation to creativity and innovation, and whether it plays a key role in promoting the growth of the global shipping sector.
Dubai’s role as a global maritime hub will come into sharp focus at Hamburg’s Shipbuilding, Machinery and Marine Technology (SMM) 2018 exhibition, which takes place between September 4th and 7th. Dubai Maritime City Authority (DMCA) and the Dubai Chamber will showcase what Dubai has to offer at a joint stand in the UAE pavilion, Stand No. OG. 120 Hall B3.