Maritime Singapore is a thriving eco-system comprising our global hub port, international maritime centre and our strategic maritime interests
Maritime Singapore represents the entire eco-system of the maritime industry. It employs 170,000 people in over 5,000 maritime establishments. Maritime Singapore is a vibrant industry that contributes 7% to our nation’s Gross Domestic Product (GDP).
Maritime Singapore Characteristics
Maritime Singapore is essential for the nation’s growth and success
Maritime Singapore represents resourcefulness, adaptability and skill-transferability
Maritime Singapore has a cohesive maritime community that has weathered economic cycles, emerging stronger each time
Maritime Singapore is at the forefront, leading Singapore’s economic development
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The Maritime Singapore Identity
The Maritime Singapore Logo
Maritime Singapore is the destination for global trade where the world converges (represented by the central ‘X’). The blue connotes the sea and the red for our nation as a global maritime leader, a premier global hub port and a leading international maritime centre. The resultant colour of this mix – indigo, anchors maritime as a resilient and vibrant industry in Singapore.
At any one time, there are about 1,000 vessels in the Singapore port.
Every 2-3 minutes, a ship arrives or leaves Singapore.
Singapore is well-connected to 600 ports in over 120 countries.
Although Singapore does not produce any oil, it is the top bunkering (ship refuelling) ports in the world. In 2016, more than 48 million tonnes of bunkers were lifted in Singapore. This is enough to fill over 17,000 Olympic-sized pools.
The Singapore Registry of Ships (SRS) is among the top 10 largest registries in the world. Today, the SRS has over 4,500 vessels registered with it.
Singapore commands about 70% share of the world’s jack-up rig-building market and 70% of the global floating production storage and offloading (FPSO) platforms market.
In today’s interconnected world of commerce, more than 90% of the world’s trade is carried by sea.
Seaborne trade remains the most energy-efficient and environmentally-friendly mode of transporting cargo. Without it, half the world would starve and the other half would freeze.
Annually, more than 130,000 ships call at Singapore.
About a million visitors cruise into Singapore annually.
Seaborne trade has been an important lifeline for Singapore from the time of its founding in 1819.
Today, there are more than 5,000 maritime establishments contributing about 7% to Singapore’s gross domestic product, and employing more than 170,000 personnel.
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A Future-Ready Maritime Singapore
While the region continues to grow and prosper our maritime industry will play an even greater role in connecting Singapore to other countries and businesses. With a strategically positioned global hub port, Maritime Singapore is well placed to service the needs of the region and make a valuable contribution to the future prosperity of Singapore. In order to stay ahead of the competition, Maritime Singapore must keep pace with the growing demand and complexity by leveraging technology, smart solutions and ensuring a ready-pool of Maritime workforce.