Singapore has secured the top spot once again in the Xinhua-Baltic International Shipping Centre Development Index Report. It is the ninth consecutive year that the report, published jointly by Chinese state news agency, Xinhua, and global maritime data provider, the Baltic Exchange, has ranked Singapore as the leading global maritime centre.
The city state scored 94.88 out of a possible 100 points, whilst second on the list was maritime professional services stronghold, London, with 83.04 points. Meanwhile, Shanghai, home to the world’s largest port, takes third place with 82.79 points. Continue reading “Singapore ranked number one shipping centre for ninth year running”