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Shanghai maintained its fourth position among international shipping centers, following Singapore, Hong Kong and London, according to the Xinhua-Baltic International Shipping Center Development Index published on Thursday.<\/p>\n
The index was published at three global shipping centers in Shanghai, Singapore and London, according to Mark Jackson, CEO of the Baltic Exchange.<\/p>\n
Jackson said the three cities are home to three of the world’s greatest shipping centers, and each has its own strengths and specialization.<\/p>\n
“The growth of China is reflected through Shanghai and the shipping industry,” Jackson said.<\/p>\n
Shipping service is the core factor for assessing the competitiveness of international shipping centers. Another list released on Thursday showed this year’s top 10 port cities with<\/p>\n
the best shipping services are: London; Singapore; Shanghai; Hong Kong; Athens, Greece; Dubai, United Arab Emirates; Mumbai, India; Hamburg, Germany; Houston, Texas;<\/p>\n
and New York-New Jersey.<\/p>\n
“Although the global shipping business is growing at a slower pace, Shanghai maintains its steady progress toward building a global shipping center,” said Cao Wenzhong,<\/p>\n
vice-president of the Xinhua News Agency China Economic Information Service.<\/p>\n
Since the Xinhua-Baltic International Shipping Center Development Index was launched in 2014, Shanghai’s ranking has increased from seventh to fourth.<\/p>\n
“Shanghai’s development into a global shipping center cannot be realized without the deepened and integrated collaboration of the Yangtze River Delta region as a whole.<\/p>\n
It requires the region to take a bigger role for its global competitiveness and influence,” said Zhang Lin, deputy director of Shanghai Municipal Transportation Commission.<\/p>\n
The index was published in Shanghai during the Yangtze River Delta Shipping Integration Development Forum to celebrate the 15th Maritime Day of China that fell on Thursday.<\/p>\n
A union for shipping innovative development of the Yangtze River Delta region was created during the forum on Thursday. According to its initiative, the union looks<\/p>\n
to promote the integration of the shipping and port-related industries across the region.<\/p>\n
Ten Chinese ports were listed on the index, which evaluates the world’s 43 major shipping centers against criteria including three primary indicators of port conditions,<\/p>\n
shipping services and general environment.<\/p>\n","protected":false},"excerpt":{"rendered":"
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