Today, Maritime Singapore is home to more than 140 international shipping groups, not only in the traditional container, bulk and tanker sectors but also in the offshore and LNG markets. Besides a high concentration of international shipping groups, Maritime Singapore offers a comprehensive range of both technical and commercial maritime services such as finance, broking, insurance, surveying, legal and arbitration.
Located at the heart of the East-West trade routes, Singapore is a natural gateway to many major growth economies as well as the world’s largest commodity consumers and producers. The Straits of Malacca is also a major trade route globally for crude/petroleum transportation.
Maritime Singapore offers excellent connectivity to access opportunities in the Asian and international markets. Maritime executives can tap on Singapore’s Changi International Airport more than 6,500 weekly flights to gain access to 300 cities in 70 countries to conduct business.
The World Bank has named Singapore the world’s easiest place to do business for eight consecutive years. In addition, Singapore has a stable governmental regime, transparent legal framework and strong rule of law. The nation has also been ranked first in Asia and eighth globally in Transparency International’s anti-corruption index in 2015.
Maritime Singapore provides access to a pool of manpower and talent which companies can tap on. As the champion agency driving the growth of Maritime Singapore, the Maritime and Port Authority of Singapore (MPA) has introduced many initiatives to ensure that its workforce is well prepared to meet the maritime industry’s current and future needs. MPA, together with the industry and other key stakeholders, are mapping out ways to grow our Singaporean core, for example, by way of initiatives that help with skills deepening and mastery. As one of the most liveable city in Asia, Singapore is a safe and attractive city to work and live in.