Singapore has again clinched the top spot in a biennial ranking of the world’s leading maritime capitals, the fourth time it has done so. The Republic has consistently topped the Leading Maritime Capitals Of The World report – released once every two years by risk management firm DNV GL and consultancy firm Menon Economics – since 2012 when it was first published.
Coming in second was Hamburg in Germany, with Rotterdam in the Netherlands placing third. Hong Kong was in fourth place, while London placed fifth.
The report assessed 15 maritime capitals based on five areas – shipping, maritime finance and law, maritime technology, ports and logistics, as well as attractiveness and competitiveness. Singapore topped the list in three areas – shipping, ports and logistics, and attractiveness and competition.