Singapore ranked #1 by Fleet Value per Capita
Associations, Events, Conferences,Forums and Symposiums, Exhibitions, Markets, Shipping Centers — By admin on April 19, 2016 at 1:11 AM
Singapore financial centre – picture credits S.Venardos
Singapore ranked #1 by Fleet Value per Capita
By Craig Jallal, Senior Data Editor – VesselsValue
This week is Singapore Maritime Week 2016, when the city-state celebrates its role as the major hub for shipping in the region. Singapore has good reason to celebrate: according to mapping, ship search and valuation provider, VesselsValue, Singapore owners control just under 2, 000 deep-sea going vessels with a total value of UD35.4bn. This equates to over USD 8, 000 invested in shipping per person in Singapore. This makes Singapore the leading nation when it comes to vessel ownership in USD terms per head.
