Singapore Retains Top Shipping Centre Ranking: Xinhua-Baltic

11 Jul, 2022

Into its ninth year the Xinhua-Baltic International Shipping Centre Development Index Report saw Singapore again taking the top slot, as it has done every year since its inception, with the city-state scoring 94.88 out of a possible 100 points.

The rankings consider port factors including cargo throughput, number of cranes, length of container berths and port draught; number of players in professional maritime support businesses such as shipbroking, ship management, ship financing, insurance and law as well as hull underwriting premiums; and general business environment factors such as customs tariffs, extent of electronic government services and logistics performance.

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Download the full report here.