Asia/Pacific News
Singapore Interested in Development of Arctic Shipping Routes
Singapore has singled out the Arctic as being one of the areas of interest to the city-state, having noted the possible implications of newly-opened sea routes due to changing climate conditions in the region, the Singaporean government announced in a statement.
“Environmental and economic developments, even in a seemingly distant region like the Arctic, can impact Singapore – perhaps not immediately, but 50 years, or even 100 years, later,” said Deputy Prime Minister Teo Chee Hean during The Arctic Circle Singapore Forum.
“Singapore is committed to deepening our understanding of the region and its people, and exploring how we can make useful contributions.”
The forum, which is said to be the first of its kind to address Arctic issues in Asia, reportedly discussed Arctic governance, infrastructure development, and the role of oceanic science and research.
"The experience and the development of Singapore is of critical importance - how you have made this country a significant location in the global trading system," said Icelandic President Ragnar Grímsson, who opened the forum according to separate reports.
"But also how you have, as a small country, in a sophisticated, non-threatening way, placed yourself in this position.
"That contribution as well as your diplomatic efforts, your style of thinking and dealing with others are of great importance to the Arctic."
Earlier this year, Ship & Bunker reported that Andrew Tan, chief executive of the Maritime and Port Authority of Singapore (MPA), had commented that it's unlikely that Arctic routes will supplant the Suez Canal and Malacca Straits anytime soon.
