Singapore transport minister calls for greater global maritime collaboration
Singapore: With international trade set to grow dramatically in the coming generation on the back of rising middle classes around the world Singapore’s transport minister has called for greater collaboration among shipping authorities around the world to boost infrastructure and fix shipping’s problems, including its environmental footprint.
Speaking at the opening of the Sea Asia exhibition in Singapore, Lui Tuck Yew said: “The international maritime community needs to come together and co-create solution that transcend geographical and organisational boundaries.”
Lui said two thirds of the world’s middle classes would be Asian by 2030 necessitating a rapid build up of maritime infrastructure, something Singapore has embarked on with a new megaport under construction in Tuas.
“We need to ensure we have sufficient capacity to meet the growth in shipping demand, and support the proliferation of megavessels,” the minister said.