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Singapore named as world’s leading container port in DNV, Menon Economics report

China’s Shanghai and Ningbo-Zhoushan follow in second and third place, with Rotterdam and Busan completing the global top five in the Leading Container Ports of the World report.

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Singapore is named the world’s leading container port in the first edition of the Leading Container Ports of the World (LCP) report, an independent global benchmark published by DNV and Menon Economics on Wednesday (26 November).

Shanghai and Ningbo-Zhoushan follow in second and third place, with Rotterdam and Busan completing the global top five.

Maritime transport carries close to 90 percent of global trade by volume, and container ports alone handle more than 80 percent of non-bulk merchandise. Today, these ports are undergoing a profound transformation, driven by rising trade flows, rapid advances in technology, and mounting pressure to meet climate targets.

Against this backdrop, DNV and Menon Economics have introduced the industry’s first global container port ranking. The LCP report benchmarks 160 ports against 35 indicators grouped into five pillars: enablers, connectivity and customer value, productivity, sustainability, and overall impact. These indicators are based on objective data, such as throughput volumes, berth productivity, emissions per Twenty-foot Equivalent Unit (TEU), and alternative bunker fuel availability, and are complemented by expert assessments from leading shipping stakeholders. 

The LCP ranking complements other industry benchmarks, such as the Leading Maritime Cities of the World (LCM) report, by providing a focused assessment of container port performance.

Knut Ørbeck-Nilssen, CEO Maritime at DNV, commented: “Container ports quietly underpin much of the global economy. Every year, they move more than 930 million TEUs, supporting the flow of goods that keep businesses running and communities supplied. As global trade patterns shift and the industry faces new pressures, ports that are able to adapt, communicate clear strategies, and invest in future-proofing their operations will continue to lead and set the pace for the sector’s evolution. This report aims to provide trusted insights that help ports and stakeholders navigate these changes with confidence.”

The report recommends that ports invest in scalable infrastructure, accelerate digitalization, and lead on sustainability while maintaining strong customer relationships and building resilience against disruptions. Clear strategic planning and transparent communication are essential for ports aiming to secure long-term competitiveness.

Port Authorities play a critical role in shaping the future of container ports. Forward-thinking strategies that prioritize productivity, service quality, digitalization and sustainability are essential for long-term competitiveness. While some ports did not rank among the top due to overall performance indicators, many port authorities across regions demonstrate a forward leaning mindset and are actively investing to close these gaps, a trend clearly reflected in the report.

Dr. Erik Jakobsen, Partner and Chair of Menon Economics, added: “The top-performing container ports are both expanding capacity and rethinking how technology shapes daily operations. We see ports where automation and digital tools are woven into every process, from vessel scheduling to cargo handling. Investments in cleaner energy and integrated transport links are also making a difference, helping ports operate more efficiently and adapt to new demands.”

Global top five container ports:

  1. Singapore
    Singapore achieved the highest overall score, leading in all five pillars of the ranking. Its world-class infrastructure, transparent governance, and strong connectivity make it a global benchmark. The port serves all major shipping lines and offers the most mainline services. Advanced automation and early investments in alternative fuel bunkering, green shipping corridors, and emissions reduction measures reinforce its leadership in sustainability. 
  2. Shanghai (China)
    Shanghai is the world’s busiest container port, processing 51.5 million TEUs in 2024. It holds the highest Liner Shipping Connectivity Index score and offers extensive mainline services. The port combines smart technologies with efficient handling of Ultra Large Container Vessels and ranks second in sustainability thanks to robust shore power infrastructure and green corridor initiatives. 
  3. Ningbo-Zhoushan (China)
    Ningbo-Zhoushan is the fastest-growing container port globally, handling 39.3 million TEUs in 2024 and recording a 26% increase in volume over the past three years. Its growth reflects its strategic role in China’s Belt and Road Initiative and its expanding global connectivity. 
  4. Busan (South Korea)
    Busan serves as Northeast Asia’s logistics hub and a key transshipment point linking Chinese, Japanese, and Korean markets. Its strategic position and operational efficiency make it a critical node in regional and global supply chains. 
  5. Rotterdam (Europe)
    Rotterdam is Europe’s largest container port and a leader in sustainability and innovation. It invests heavily in alternative marine fuel infrastructure, onshore power supply, and digital twin technology, consistently ranking as the top maritime gateway in Europe.

Notably, several of these ports (Singapore, Shanghai, Busan, and Rotterdam) are also featured in the LCM report, underscoring their dual role as global trade gateways and integrated maritime hubs.

In addition to the global ranking, the LCP report features regional rankings, with New York & New Jersey, Hamburg, Tanger Med, Jebel Ali and Sydney recognized as leaders in their respective regions.

Note: The report is available to download here

 

Photo credit: Swapnil Bapat on Unsplash
Published: 27 November, 2025

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Winding up

Singapore: Notice of intended dividend issued for Xihe Holdings’ subsidiaries

Creditors will need to produce proofs of debt to liquidators of Da Xin Tankers and Nan Chiau Maritime by 5 August, according to Government Gazette notice.

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Two notices to declare the intended dividend of  Xihe Holdings’ subsidiaries to their creditors have been posted on the Government Gazette on Wednesday (22 July).

The subsidiaries are Da Xin Tankers Pte Ltd and Nan Chiau Maritime Pte Ltd. 

The following are the details of the notices of intended dividend:

Name of Company : Da Xin Tankers (Pte) Ltd (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No. : 198400895W
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 5 August 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

 

Name of Company : Nan Chiau Maritime (Pte.) Ltd. (In Creditors’ Voluntary Liquidation)
Unique Entity No. / Registration No.: 200814296Z
Address of Registered Office : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960
Last Day for Receiving Proofs : 5 August 2026 at 5:00 pm by email to [email protected]
Name of Liquidators : Paresh Tribhovan Jotangia and Ho May Kee
Address : c/o Grant Thornton Singapore Private Limited, 8 Marina View, #40-04/05 Asia Square Tower 1, Singapore 018960

 

Photo credit: steve pb from Pixabay
Published: 23 July, 2026

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Biofuel

South Korea: S-Oil launches B30-VLSFO bio bunker fuel supply

Company says it has established an integrated operating system in the Ulsan region covering the entire value chain, from feedstock procurement and blending to supply.

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South Korea: S-Oil launches B30-VLSFO bio bunker fuel supply

South Korean petroleum and refining company S-Oil on Wednesday (22 July) said it has started supplying B30 very low sulphur fuel oil (VLSFO), as the company seeks to support shipping’s decarbonisation efforts and growing demand for lower-carbon bunker fuels.

The company said its B30 VLSFO contains 30% sustainable biofuel blended with conventional VLSFO and can be used without requiring modifications to existing vessels, enabling shipowners to comply more readily with emissions regulations from the International Maritime Organization (IMO) and the European Union (EU).

S-Oil said it has established an integrated operating system in the Ulsan region covering the entire value chain, from feedstock procurement and blending to supply. The system combines VLSFO produced at its Onsan refinery with biofuel production facilities and storage infrastructure in the Ulsan region, allowing the entire process to be carried out within a single logistics hub.

According to the company, the integrated supply chain reduces transportation requirements during production while improving supply efficiency and reliability.

S-Oil also highlighted Ulsan Port as a strategic location for marine biofuel supply, noting the port has strong demand for bio-bunker fuels, particularly from car carriers, enabling prompt and stable deliveries to key customers.

An S-Oil official stated: “In the bio-marine fuel market, not only product quality but also securing a stable supply of raw materials and an efficient supply system are important competitive advantages.

“Based on our existing bunkering business capabilities and the excellent supply infrastructure in the Onsan area, we plan to supply stable and competitive low-carbon fuel.”

 

Photo credit: S-Oil
Published: 23 July, 2026

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Decarbonisation

Yang Ming and PSA to develop integrated sea-land decarbonisation solutions

Both will explore solutions spanning emissions measurement and verification, a digital Book-and-Claim framework, and a joint maritime-land inset token package.

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Yang Ming and PSA to develop integrated sea-land decarbonisation solutions

PSA International (PSA) on Monday (20 July) said it has signed a Memorandum of Understanding (MoU) with Yang Ming Marine Transport Corporation (Yang Ming) to jointly accelerate the adoption of low-carbon solutions across the maritime value chain.

Beyond emissions measurement and verification, the collaboration will focus on a digital Book-and-Claim framework and a joint maritime-land based inset token package. 

“This synergy provides cargo stakeholders with a transparent and accountable sea-land pathway to achieve their decarbonisation targets,” PSA said on its website. 

Yang Ming launched the green transport service, EcoSea+. This initiative integrates Yang Ming’s low-carbon navigation capabilities to empower customers with a flexible and transparent strategy to effectively reduce their Scope 3 transportation emissions. By joining forces with PSA, Yang Ming is able to expand the impact of these sustainability actions beyond the ocean.

Building on its position as a global port operator, PSA advances its Node to Network strategy through integrated port and supply chain capabilities that enable a green network of terminal and landside operations to reduce end-to-end supply chain emissions.

The agreement was officially signed by Mr Ivan Chiang, Chief Logistics Officer & Senior Vice President of Yang Ming, and Mr Eddy Ng, Group Head of Operations, Technology and Sustainability of PSA International. 

Mr Ong Kim Pong, PSA International Group CEO, said, “As responsible stewards of tomorrow, PSA is committed to delivering sustainable impact across the global port and supply chain ecosystem. 

“Tackling the challenges arising from climate change will require the collective efforts of all players in the maritime supply chain sector. We are excited to partner Yang Ming on the decarbonisation of global supply chains and support the transition towards a more sustainable global economy.”

 

Photo credit: PSA International
Published: 23 July, 2026

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