mobanmarketDubai: Dubai has been named in the top 5 of the 2019 Xinhua-Baltic International Shipping Centre Development, ISCD, Index for the second year running.
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The index provides an independent ranking of the performance of the world’s largest cities that offer port and shipping business services.
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In the six years since the report has been published, there has been a general rise in the performance of Asian and Middle Eastern locations.
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The first report in 2014 included three European locations in the top five; in 2019 only London remains. The top five international shipping centres are Singapore, Hong Kong, London, Shanghai and Dubai.
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Based on objective factors including port throughput and facilities, depth and breadth of professional maritime support services, as well as general business environment, the report is a collaboration between the Chinese state news agency, Xinhua, and international freight benchmark provider, the Baltic Exchange.
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