News
According to a recent report on the leading maritime capitals of the world, issued by Oslo-based consultancy firm Menon, Singapore comes out as the leading maritime city of the world, followed by Oslo, London, Hamburg, Hong Kong and Shanghai.
This report benchmarks the leading maritime cities in four areas; shipping, maritime finance, port operation, maritime law and insurance, and maritime technology and competence. The 12 cities are assessed both by objective measures that are widely used and renowned in the industry, and by industry experts from all continents.
Oslo is no. 1 in terms of both ship owners and shipping operation, but is beaten by Singapore on both maritime law and insurance and on maritime technology and competence, Menon said.
London is regarded as the leading maritime law and insurance city, but comes out as no. 6 in total ranks.
Tokyo seems to be undervalued as a shipping center, probably due to their domestic orientation, and thus, is ranked seventh by the expert panel.
