Singapore is the worlds top bunkary port năm 2024

Singapore has retained its position as the leading maritime city in the world, followed by Rotterdam and London, according to the 2024 Leading Maritime Cities (LMC) report.

Singapore is the worlds top bunkary port năm 2024
Courtesy of Nikos Spaeth/DNV

The city-state, with its large owned and managed vessel fleets, strategic geographic advantages, pro-business policies and its position as a leader in the maritime energy transition, is expected to hold this position for the next five years, the analysis determines.

Compiled in cooperation between classification society DNV and consultancy Menon Economics, the LMC report offers new insights into the maritime cities that offer the best policy measures, initiatives, and support. These cities excel in both soft and hard infrastructure, and boast elite talent enabling maritime companies and individuals to connect and prosper.

Similar to previous iterations, the study benchmarks each maritime city on five pillars – Shipping Centers, Maritime Finance and Law, Maritime Technology, Ports and Logistics and Attractiveness and Competitiveness.

“Cities are major hubs for knowledge, skills, and innovation. Across various sectors, particularly in the maritime industry, they are competing to attract the best talent, the brightest minds, and the most promising business start-ups. As such, cities that succeed in these challenges will steer the green transition and become the leading maritime hubs in the world,” Knut Ørbeck-Nilssen, CEO Maritime at DNV, commented.

“Since the last edition of the Leading Maritime Cities report was published in 2022, global tensions have reverberated throughout the maritime industry. Despite this, shipping as a whole has shown a remarkable resilience.”

  • Singapore is the worlds top bunkary port năm 2024
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Singapore hit the top spot in three out of five pillars, retaining its position as leader in Attractiveness and Competitiveness and overtaking Athens and Shanghai in Shipping Centers and Ports and Logistics, respectively.

“Singapore is undoubtedly the world-leading hub at the forefront of the maritime industry. It appears unaffected by the many changes currently sweeping the sector and is expected to maintain its top spot for the next five years through its implementation of a consistent strategy for innovation and its investment into green transformation and digital technologies,” Shahrin Osman, Business Development Director, Maritime Advisory and co-author of the report, said.

“It is encouraging to see new cities elevating their standing in the list this year. In a notable shift, Busan, South Korea, surpassed Singapore to become the world-leader for Maritime Technology, adding $9.22 billion to its export volume in the first half of 2023. Similarly, London claimed the pole position in Maritime Finance and Law from New York, with the report recognising the city as a home to world-leading maritime law-related and marine insurance institutions.”

Fourth and fifth place overall went to Shanghai and Oslo, meaning that three of the five leading cities are in Europe, with the remainder in Asia. Shanghai is also predicted to grow in importance across the next half-decade and become the second most prominent maritime city.

“Beyond the top five cities, we see a lot of dynamics happening. Hong Kong, which held 4th position in 2019, has now fallen to 12th place. On the other hand, despite war and turmoil in the Middle Eastern region, Abu Dhabi has strengthened its position considerably. The city made the most remarkable jump, moving up 10 places from 32 to 22,” Erik Jakobsen, Partner and Chair of Menon Economics, noted.

The analysis for the 2024 edition of the report saw the introduction of more subjective indicators, revealing the perceptions and evaluations of 190 invited business executives – mostly shipowners and managers – from around the world. Combined with objective data, this has been instrumental in addressing the transformative effect of decarbonization and digital revolution on the shipping industry.

The impact of both key factors can be felt throughout all the pillars the maritime cities are benchmarked against. In addition to the LMC ranking, the maritime experts viewed Singapore, Oslo, Shanghai, and Rotterdam as the cities best prepared for digital transformation.

Singapore’s investment and focus on maritime decarbonization has also further cemented its position as the world’s leading center for green technologies and solutions, followed by Oslo and Rotterdam.

Chee Hong Tat, Singapore’s Senior Minister of State for Foreign Affairs and Transport, during a speech on 13 January to announce the 2020 performance of the Port of Singapore, said that the country remains the world’s top bunkering port with sales amounting to 49.8 million tons, an increase of 5.0% year-on-year.

The Port of Singapore stood resilient in 2020 despite the COVID-19 pandemic. Singapore’s container throughput in 2020 remained relatively stable at 36.9 million Twenty-foot Equivalent Units (TEUs) as the port remained open during the pandemic.

The container throughput of 36.9 million TEUs is a slight decrease of 0.9% from 37.2 million TEUs registered in 2019. In 2020, the Port of Singapore handled a total of 590.3 million tons of cargo, with vessel arrival tonnage totaled 2.9 billion Gross Tonnage (GT).

The Singapore Registry of Ships, which marks its 55th year in 2021, continues to rank amongst the top ship registries in the world, reflecting Singapore’s reputation as a quality flag of choice for international ship owners. The total tonnage of ships under the Singapore flag stood at 95.0 million GT as at end of 2020.

Going forward, Mr Chee said “the Government will continue to keep Singapore as a trusted hub for maritime operations – one that is underpinned by stability, adherence to the rule of law and pro-business policies.”

Mr Chee also reported that Maritime Singapore continued to fare well in global rankings. Singapore retained the top position in the Xinhua-Baltic International Shipping Centre Development Index for the 7th consecutive year. Moreover, the Port of Singapore was named the best Asian seaport for the 32nd time, at the Asian Freight, Logistics and Supply Chain Awards.

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