Singapore has retained its number one position in a survey of top maritime capitals carried out by the Baltic Exchange and China’s official state press agency Xinhua.
The top three places in the Xinhua-Baltic International Shipping Centre Development Index Report were rounded out by London in second followed by Shanghai in China.
The Baltic, which is owned by the Singapore Exchange, said Singapore had earned its longstanding spot at the top of this index due to its “wide and established” ecosystem of professional global maritime services, good governance, ease of doing business and large and strategically situated port.
