Business & Enterprise

A world of maritime products and services are offered in Singapore, the Asian gateway for global leaders in ship financing, ship broking, risk management and marine insurance.

Business & Enterprise

Capitalising on its strategic location, sophisticated port facilities and shipyards, Singapore has developed into a premier International Maritime Centre (IMC) where ships hub and essential ancillary services in shipping, commerce and logistics flourish.

The Maritime industry in Singapore is vibrant. It is home to more than 5,000 maritime establishments and businesses, contributing about seven percent to Singapore’s Gross Domestic Product and provides jobs for more than 150,000 workers.

The pro-business government policies and a conducive fiscal environment have established the country as a strategic centre for maritime business and a leading international maritime centre.

Setting up a maritime business in Singapore has never been easier – it is simple, fast and problem-free, whether you are registering a new business entity or registering a ship under the Singapore flag.

The Maritime and Port Authority of Singapore (MPA) also supports the diverse business needs of maritime enterprises through our financial, manpower development and R&D schemes. This further enables you to increase the scope and range of your maritime services and expand your business operations.