Singapore Shipping Association

What Singapore Shipping Association does

Singapore Shipping Association (SSA) is a national non-profit trade association founded in 1985 and headquartered at 4 Battery Road in Singapore's central business district. It represents over 500 member companies across the maritime value chain, including shipowners and operators, ship managers, port agents, shipbrokers, classification societies, marine insurers, bunker suppliers, maritime lawyers, and shipping bankers. The association is governed by an elected Council led by President Mr. Teo Teng Seng (elected June 2025) and operated by Executive Director Mr. Loh Chun How (appointed November 2024), with a staff of 11–50 organised around committees covering Decarbonisation, Digitalisation, International Affairs, Legal & Insurance, Marine Fuels, Services, Technical, and a Young Executives Group (YEG).

SSA's product portfolio centres on industry programmes rather than discrete software products. Key offerings include the Maritime AI Programme (accelerating AI adoption across ship agency, management, chartering, operations, and bunkering under an MoU with MPA), the SCISSOR Index (a cybersecurity benchmarking tool for maritime companies), SCISSOR Insurance (a cyber/war-risk insurance programme), the Career Conversion Programme for workforce transition, the SSA Whitelisting of Launch Boats service, Virtual booths for member engagement, and publications including the Annual Review and WAVES e-newsletter. Underlying technology components include domain-specific benchmarking frameworks, training platforms delivered with SIT and SUTD, and contributions to the OCEANS-X data/API exchange.

Revenue is generated primarily through annual membership subscriptions, supplemented by training and programme fees (including SkillsFuture-subsidised courses), event sponsorships, and co-funded government initiatives. Membership pricing is not publicly disclosed and is handled through direct enquiries via [email protected]. The GTM motion is community-led: SSA recruits members through its website, industry events (notably Singapore Maritime Week and the Annual Gala Dinner), and direct outreach to shipping companies operating in Singapore. Distribution is domestic Singapore-focused, with international reach exercised through partnerships with regional bodies such as the Asian Shipowners Association, Federation of ASEAN Shipowners, and International Chamber of Shipping.

Name

Singapore Shipping Association

Legal name

Singapore Shipping Association

Website

https://ssa.org.sg

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Singapore Shipping Association is a national non-profit trade association founded in 1985 representing over 500 shipping and maritime companies in Singapore. It delivers industry advocacy, training, and programmes including maritime AI adoption, cybersecurity benchmarking, and workforce development for shipowners, operators, and ancillary maritime businesses.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: SSA generates revenue through annual membership fees from shipping companies and maritime businesses. Membership provides access to exclusive benefits including industry advocacy, capability building programs, networking events, and preferential rates on services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Singapore Shipping Association is a national trade association formed in 1985 that represents over 500 shipping companies and maritime businesses in Singapore. It delivers industry advocacy, capability-building programmes (including the Maritime AI Programme, SCISSOR cybersecurity tools and Career Conversion Programme), networking events, and collective representation to government and international maritime bodies. Membership provides exclusive invitations, preferential rates and first-hand access to industry information.

Product overview

Singapore Shipping Association (SSA) is a national trade association representing over 500 member companies in the shipping industry. Rather than offering a unified software product, SSA provides a portfolio of industry programmes, tools, and services including the Maritime AI Programme for AI adoption, SCISSOR cybersecurity tools (SCISSOR Index and SCISSOR Insurance) for security benchmarking, the Career Conversion Programme for workforce development, SSA Whitelisting of Launch Boats for operational compliance, and Virtual booths for member engagement. SSA also supports digital bunkering initiatives including FAQ documentation on eBDN implementation and biofuels for ocean-going vessels.

Differentiator

Problem solved

Functional benefit

Brands

• SCISSOR Index: Cybersecurity benchmarking tool for maritime operational technology
• SCISSOR Insurance
• Maritime AI Programme
• Singapore War Risks Insurance Conditions (SWRIC)

Products and services

• SCISSOR Index

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature2 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Singapore Institute of Technology (SIT) and Singapore University of Technology and Design (SUTD)coreStrategic or Co-development Partner · 22 April 2026SSA partners with SIT and SUTD alongside MPA to launch the Cybersecurity for Maritime Operational Technology programme in August 2026. The two-month programme targets corporate IT professionals in shipping companies, combining online learning with in-person training at SIT's Punggol Campus and applied exercises at SUTD's MariOT testbed.
• Maritime and Port Authority of Singapore (MPA)coreStrategic or Co-development Partner · 21 April 2026SSA and MPA signed a Memorandum of Understanding to accelerate AI adoption across Singapore's maritime sector. The partnership targets ship agency, ship management, chartering, shipping operations, and bunkering functions. The initiative provides participating companies access to maritime AI use cases, solution providers, and the AI Singapore AIRI framework, with 21 companies already enrolled in early training rollouts ahead of a full-scale programme in 2026.
• Asian Shipowners AssociationcoreStrategic or Co-development PartnerSSA is a partner organisation with the Asian Shipowners Association, supporting regional maritime collaboration and industry development across Asia-Pacific.
• Federation of ASEAN ShipownerscoreStrategic or Co-development PartnerSSA partners with the Federation of ASEAN Shipowners (FASA) under its chairmanship to promote cooperation among ASEAN maritime associations.
• International Chamber of ShippingcoreStrategic or Co-development PartnerSSA cooperates with the International Chamber of Shipping to promote freedom of navigation and safety at sea and to protect the marine environment internationally.
• Singapore Business FederationminorStrategic or Co-development PartnerSSA is affiliated with the Singapore Business Federation for broader business community engagement in Singapore.
• Singapore Chinese Chamber of Commerce & IndustryminorStrategic or Co-development PartnerSSA maintains partnership with the Singapore Chinese Chamber of Commerce & Industry for broader business network connections.
• Singapore Maritime FoundationcoreStrategic or Co-development PartnerSSA is a sponsoring organisation of the MaritimeONE Scholarship, administered by the Singapore Maritime Foundation, to develop talent in the maritime sector.
• PSA SingaporecoreStrategic or Co-development PartnerMPA and PSA Singapore have issued an Expression of Interest for autonomous inter-gateway container feeder vessel operations, supporting Singapore's position as a testbed for next-generation maritime technologies.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Japan Shipowners' Association: Japanese national trade association representing shipowners and operators. Comparable to SSA as a national shipping trade association providing policy advocacy, industry representation, and member services in a major Asian maritime centre.
• Hong Kong Shipowners Association: National shipping trade association based in Hong Kong representing shipowners in one of Asia's largest maritime centres. Directly comparable in scope and membership-based service model to SSA's national industry representation role.
• UK Chamber of Shipping: National trade association for the UK shipping industry, representing shipowners, operators, and managers. Operates with a directly comparable membership-based advocacy and policy representation model for a national shipping sector.
• Singapore Maritime Foundation (SMF): Singapore-based non-profit maritime industry organisation that develops talent and promotes maritime Singapore. Co-administers the MaritimeONE Scholarship with SSA and operates with a comparable mandate to advance Singapore as an International Maritime Centre.
• Norwegian Shipowners' Association (NSA): Norwegian national trade association for shipowners and operators, with strong advocacy and policy representation functions. Highly comparable membership-based shipping trade association model with active engagement on digital and green shipping.
• BIMCO: The world's largest international shipowners' association, providing contracts, standards, and policy advocacy to shipowners globally. Highly comparable to SSA as a membership-based shipping trade association offering industry-wide standards, cybersecurity guidance, and regulatory representation.
• International Chamber of Shipping (ICS): Global principal international trade association for merchant shipowners and operators, representing approximately 80% of the world merchant tonnage. Operates as a similar membership-based trade association with comparable advocacy, regulatory engagement, and policy representation functions to SSA.
• Asian Shipowners' Association (ASA): Regional shipping trade association representing shipowners across Asia-Pacific. Listed as a core partner of SSA, ASA operates with a comparable membership-based advocacy model focused on regional maritime policy and industry collaboration.
• Federation of ASEAN Shipowners' Associations (FASA): ASEAN regional federation of shipowners' associations under SSA's chairmanship. Directly comparable as a regional shipping trade association promoting cooperation among national maritime associations.

Regional players

• Singapore Business Federation (SBF): Singapore's apex business chamber representing the broader business community. SSA holds a partnership with SBF, and SBF operates with a comparable non-profit membership-based advocacy model, though across all industries rather than maritime specifically.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/singapore-shipping-association

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Singapore Shipping Association