Shanghai on top

Singapore retained its position as the leader in Attractiveness and Competitiveness, overtaking Athens and Shanghai in Shipping Centers and Ports and Logistics.

SIGP facilitates Astrid Mærsk’s milestone green methanol bunkering operation in Shanghai, marking a notable first for China.

Last year, all the Chinese ports handled 16.97 Bt, having exceeded their 2022 volume by nearly 8%. Shanghai throughputs surged, Hong Kong saw a downfall.

“The management of the Red Sea crisis has alleviated concerns of sudden container price rises, providing a more predictable environment”

Valenciaport handled 784,095 containers in the first two months of the year, a growth of +9.97% compared to January-February 2023.

Xeneta data reveals that average spot market rates from China to Mexico have consistently surpassed long-term contract rates since April 2023.