Singapore has retained the top spot in the Xinhua-Baltic International Shipping Centre Development Index this year with its prowess in providing ship management and broking services.
The index, a joint project between the Baltic Exchange and Chinese state-owned Xinhua news agency, has ranked Singapore as the world’s top maritime city every year since it was launched in 2014.
“Singapore commands a strategic position as a maritime hub in the regional and global arena,” head of Baltic Exchange Asia Lu Su Ling said.
