SHANGHAI was rated third among international shipping centres after Singapore and London, according to the 2024 Xinhua-Baltic International Shipping Centre Development Index, reports Beijing's China Daily.
The top 10 international shipping centre cities are Singapore, London, Shanghai, Hong Kong, Dubai, Rotterdam, Athens-Piraeus, Ningbo-Zhoushan, Hamburg and New York-New Jersey in that order, according to the report.
Little change is seen among the top-ranking cities, indicating that global shipping resources and allocation capabilities are in a stable status, said the report.
Ranking third again, Shanghai has consolidated its position as an international shipping centre despite global economic uncertainties and a complicated international trade environment.
Shanghai's performance in 2023 showcased its strong resilience and adaptability, and the port of Shanghai became the prime choice of gateway for many export-oriented enterprises, the report said.
source:Schednet