Indonesian Political, Business & Finance News

Singapore Tops Global Maritime Centre Ranking for 13 Consecutive Years

| Source: ANTARA_ID Translated from Indonesian | Trade
Singapore Tops Global Maritime Centre Ranking for 13 Consecutive Years
Image: ANTARA_ID

Singapore (ANTARA) - The Xinhua-Baltic International Shipping Centre Development Index (ISCDI) 2026 has kept Singapore in top position for the 13th consecutive year, according to a statement released by the Baltic Exchange on Friday (10/7).

The leading position reflects the city-state’s strategic location and its established maritime services, spanning finance, insurance and legal expertise, as well as its role in developing alternative fuels and technological innovation, the statement said.

The Maritime and Port Authority (MPA) of Singapore said on Friday that this sustained recognition reflects a strong commitment and the collective efforts of industry partners and the wider maritime community.

In 2025, the Port of Singapore handled a record 44.66 million TEU (twenty-foot equivalent units) in container throughput and 3.22 billion gross tonnage in vessel arrivals.

The port also retained its position as the world’s largest bunkering hub, supplying a record 56.77 million tonnes of marine fuel, including an increase in alternative fuel volumes, the MPA said.

Published jointly by the Baltic Exchange and China’s Xinhua News Agency, the index ranks leading shipping centres based on a comprehensive evaluation of port factors, professional business services and the general environment.

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