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

Tamara Ceaikovski

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: