Singapore has maintained the top overall position in the Leading Maritime Cities of the World report, co-developed DNV and Menon Economics, which was globally launched on Thursday (13 January) at the Singapore Maritime Foundation New Year Conversations 2022 event.
Singapore maintains its position as the leading maritime city of the world during the pandemic and the emerging green transformation of the industry, states the report.
The republic has been able to retain its position as a world-leading maritime hub during the pandemic and the emerging green transformation of the industry due to its strength in all pillars.
However, the top positions on the pillars have changed. Singapore is still number one on the Attractiveness and Competitiveness pillar. This year, Singapore has also outperformed all other cities on Maritime Technology.
A consistent strategy for innovation, targeting start-ups, and investment in digital technologies has paved the way for Singapore’s position on Maritime technology.
However, Singapore loses its number one position in Shipping Centers and Ports and Logistics to Athens and Shanghai respectively. On the Maritime Finance and Law pillar, Singapore is losing some ground, going from 5th to 8th place.
Looking five years into the future, experts at DNV and Menon Economics predict Singapore will keep its position as the global leader, while Shanghai will grow in importance and become the second most important maritime city.
Note: Manifold Times readers will be able to downloaded the full Leading Maritime Cities of the World report here.
Photo credit: Leading Maritime Cities of the World, DNV
Published: 13 January, 2022
Emergency Bunker Surcharge partially offset rising unit cost of 7.7% due to market price of marine fuel.
Orders newbuildings from Nihon Shipyard Co., Ltd, Shin Kurushima Dockyard Co.Ltd., and China Merchants Jinling Shipyard (NANJING) Co.,Ltd.
Vessels are based at the ports of Vitória, Praia Mole and Tubarão.
Jiangnan Shipbuilding positioned the CMA CGM vessel’s 2,200 mt engine and other components in record time with five large cranes and an approximate hundred smaller units.
ISO-F-RMG380 grade which met table 2 of ISO 8217 causing issues such as damage to plungers and filters.
GDF Suez North Sea towed from Atlantic Ocean into port of New York and New Jersey on 21 August.
Digitalisation makes it easier for shipowners to conform to growing external regulations such as new sulphur regulations and ‘no scrubber’ zones; operators can identify better bunkering options to reduce costs.
‘We’ll start the application [to MPA] before the end of 2022 and hopefully to receive approval within six months or sooner,’ L. Y. Hwang, Director / General Manager of Oval Asia Pacific Pte Ltd, tells Manifold Times.
Rob Ashton, Market Manager of Infineum, explains how Infineum B402 is a relatively easy way for a ship operator to positively influence a vessel’s CII rating while improving its bunker fuel consumption performance.
Eventual adoption of Digital Bunker Document Standard speeds up interoperability between stakeholders from both public and private sectors, learns Singapore bunkering publication Manifold Times.
ISO delegates represented seven countries and were in Singapore to attend a three-day meeting of ISO WG13 to develop two new ISO bunkering standards, learns Singapore bunkering publication Manifold Times.
Cai Zhi Zhong received a total of about USD 1.3m to USD 1.6m, of which he saved a portion and spent the rest, including on property, cars and watches, according to court documents obtained by Manifold Times.
