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

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

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