Singapore ranked world's top maritime capital
The study, by Norwegian consultancy firm Menon Economics, looked at 24 objective indicators and garnered survey responses from more than 250 industry experts across all continents. Singapore was also ranked first in the report's 2015 and 2012 surveys.
Singapore was ranked number one in the following three categories: Shipping, Ports and Logistics, and Attractiveness and Competitiveness. The maritime nation also scored impressive results in the remaining two categories: second place in Maritime Technology and fourth place in Finance And Law.
Significantly, Singapore jumped three places from fifth to second position in the Maritime Technology category, affirming Singapore’s focus in technology, research and development is in the right direction.
This is the third edition of the maritime report where Singapore was also ranked first in 2015 and 2012. ■