Dubai ranks first in the Arab world and fifth globally in the ISCD Xinhua-Baltic index
[ad_1]
- Dubai ranks first in the Arab world and fifth globally in the Xinhua-Baltic International Maritime Center Development (ISCD) Index.
- Sultan bin Sulayem: Global recognition reinforces Dubai’s leadership in the shipping industry.
- Saeed bin Ahmed: Dubai’s ability to maintain its high ranking reflects its progress in improving the competitiveness and efficiency of its maritime sector.
- Dubai is the only Arab city in the Index to boast 20 of the world’s leading international maritime hubs.
Dubai has maintained its ranking among the top five global maritime centers in the International Maritime Center Development Index (ISCD) 2023 for the fourth consecutive year. The city also ranked first in logistics and shipping services in the Arab world, according to the latest report published by the Baltic Trade and Shipping Exchange and the Xinhua Agency of the China Economic Information Service.
The report ranks Dubai fifth among the top 20 international hubs for commercial shipping, ahead of Rotterdam, Hamburg, Athens/Piraeus, Ningbo/Zhoushan and New York/New Jersey. Dubai is the only Arab city on the list. Singapore, London, Shanghai and Hong Kong occupied the top four spots in the Index.
His Excellency Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zones Corporation, said that the global recognition reinforces Dubai’s leadership in the field of maritime transport. Dubai’s distinguished position in the sector also reflects its enormous contributions to the growth of the global maritime industry.
Your excellence He pointed out that international maritime traffic of goods represents more than 80% of the total volume of world trade, which demonstrates the vital importance of this sector and its role as an engine of economic growth. The Ports, Customs and Free Zones Corporation, represented by the Dubai Maritime Authority, strives to ensure that Dubai remains among the best maritime hubs in the world. The Authority’s constant efforts to maintain the highest standards and introduce innovative solutions are setting new benchmarks, further elevating Dubai’s status as a key player in shaping the future of international maritime trade.
Sheikh Dr. Saeed bin Ahmed bin Khalifa Al Maktoum, Executive Director of Dubai Maritime Authority, said Dubai’s ranking in the International Shipping Centers Development Index strengthens its profile on the global maritime map. Dubai’s ability to maintain its high ranking for four consecutive years reflects its progress in improving the competitiveness and efficiency of its maritime sector. The implementation of the Authority’s Maritime Sector Strategy has reinforced the city’s position as a leading international maritime hub.
“Dubai Maritime City Authority seeks to enhance cooperation with various stakeholders to further strengthen the growth and development of the maritime sector in the emirate. “We are working on a series of plans and initiatives to promote the sustainable development of the sector,”
he added.
Sheikh Saeed emphasized that Dubai’s ranking as the only Arab city among the top 20 international shipping hubs underlines the emirate’s dedication to continued growth and its increasing stature on the global stage. Dubai’s aspiration to be among the most influential maritime centers has led to the creation of infrastructure and services that are among the best in the world. By adopting international best practices, Dubai continues to set new standards in its maritime business environment, she noted.
News source: Dubai Press Office
[ad_2]
