Dubai ranks first in the Arab world in ISCD Index

Dubai ranks first in the Arab world in ISCD Index

Dubai has successfully retained its leading position as among the world’s top five destinations for the maritime industry in the International Shipping Centre Development (ISCD), Index. The emirate’s continuing status as a global hub for maritime shipping and logistics was revealed in a report that was recently issued by Baltic Exchange, and Xinhua, a London-based international news agency affiliated with the China Economic Information Service, CEIS. For the fourth consecutive year, Dubai occupied fifth place among the 20 most powerful international centers for maritime commercial shipping and first place in the region, ranking ahead of Rotterdam, Hamburg, Athens / Piraeus, New York / New Jersey and Ningbo / Zhoushan. According to the ISCD index report for 2021, Singapore, London, Shanghai and Hong Kong are the top four centres for global freight. Sultan Bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation, expressed his optimism following the results of the recent report and said that Dubai’s ability to maintain its position among the world’s top five destinations for maritime shipping for the fourth year in a row is a testament to the city’s leading position in the sector and the exceptional maritime business environment that exists in the UAE.