SINGAPORE, July 10 (Xinhua) -- Singapore retained the top spot in the 2026 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) rankings, marking its 13th consecutive year at the top, the Baltic Exchange said in a statement released on Friday.
Its leading position reflects the city-state's strategic location and established maritime services spanning finance, insurance and legal expertise, as well as its role in alternative fuel development and technological innovation, according to the statement.
The Maritime and Port Authority (MPA) of Singapore said on Friday that the continued recognition reflects the strong commitment and collective efforts of industry partners and the wider maritime community.
In 2025, the Port of Singapore handled a record 44.66 million twenty-foot equivalent units (TEUs) in container throughput and 3.22 billion gross tonnage in vessel arrivals. The port also maintained its position as the world's largest bunkering hub, supplying a record 56.77 million tonnes of marine fuel, including growing volumes of alternative fuels, the MPA said.
Jointly published by the Baltic Exchange and China's Xinhua News Agency, the index ranks leading shipping centers based on a comprehensive evaluation of port factors, professional business services and the general environment. ■
