‘Trust carries a premium’ in a fragmenting global maritime system: Gan Kim Yong

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At Singapore Maritime Week, Deputy Prime Minister Gan Kim Yong warned that disruptions like those in the Strait of Hormuz show how fragile global shipping has become — where a single chokepoint can impact energy prices, transport costs, and production chains. In this environment, shipping depends not just on infrastructure, but confidence that international frameworks will be respected — a foundation Singapore relies on as a global maritime hub. #singapore #sgnews Subscribe to our channel here:

‘Trust carries a premium’ in a fragmenting global maritime system: DPM Gan https://www.channelnewsasia.com/ - 21.04.2026 10:18
‘Trust carries a premium’ in a fragmenting global maritime system: DPM Gan https://www.channelnewsasia.com - 21.04.2026 10:18

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‘Trust carries a premium’ in a fragmenting global maritime system: DPM Gan https://www.channelnewsasia.com/ - 21.04.2026 10:18
‘Trust carries a premium’ in a fragmenting global maritime system: DPM Gan https://www.channelnewsasia.com - 21.04.2026 10:18