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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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Technology

Singapore: Ofiniti, ONE trial direct platform integration to streamline bunker workflows

Ofiniti started a trial in Singapore, integrating FuelBoss directly with a bunker buyer’s own platform, with Ocean Network Express as its first buyer-side integration partner.

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Singapore: Ofiniti, ONE trial direct platform integration to streamline bunker workflows

Ofiniti, the digital platform for maritime fuel operations, on Tuesday (21 July) said it has started a trial in Singapore, integrating FuelBoss directly with a bunker buyer’s own platform.

The company announced Singapore-headquartered container shipping firm Ocean Network Express (ONE) as its first buyer-side integration partner. 

“It is no coincidence we start in Singapore, as the Maritime and Port Authority of Singapore (MPA) remains at the forefront of digitalisation of all things bunkering,” the company said in a social media post.

In November 2023, MPA launched its digital bunkering platform, becoming the world’s first port to implement e-BDN. 

Ofiniti said every bunker delivery still runs on retyped data. 

“The buyer’s system says one thing, the supplier says another, and someone reconciles the gap by email, phone, or PDF. On every stem,” the company said. 

“We built FuelBoss to change this reality.”

With the integration, operational data now flows without manual re-entry, fewer reconciliation errors and faster processing and data, instead of documents, are readily available for procurement and claims workflows. 

“One connection will not transform the industry on its own, but digitalisation gets built one integration at a time. We are grateful to ONE for being willing to go first,” Ofiniti added.

Manifold Times previously reported ONE completing its successful trial of the electronic Bunker Delivery Note (e-BDN) with Shell. 

The e-BDN trial, using the digital bunkering solution developed by Angsana Technology, was conducted on 9 September 2023 at the Port of Singapore, with support from the MPA.

In March 2025, Ofiniti acquired Singapore-based Angsana Technology, with the entire Angsana team joining Ofiniti as part of the acquisition.

Related: MPA Chief Executive: Port of Singapore begins digital bunkering initiative today
Related: Singapore set to become first port in the world to debut electronic bunker delivery notes
Related: ONE completes e-BDN adoption trial with Shell in Port of Singapore
Related: Ofiniti acquires Singapore-based Angsana Technology to advance digital bunkering solutions

 

Photo credit: Ofiniti
Published: 22 July, 2026

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Legal

Singapore withdraws remaining 127 charges against Hin Leong founder OK Lim

Lim Oon Kuin, also known as OK Lim, was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges on 17 July.

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RESIZED Sora Shimazaki on Pexels

Founder of collapsed oil trader Hin Leong Trading, Lim Oon Kuin, also known as OK Lim, has had the remaining 127 charges against him withdrawn, according to The Straits Times on Monday (20 July). 

OK Lim was issued a stern warning and a district court granted him a discharge amounting to an acquittal for these charges, including those for cheating, on 17 July. The discharge means Lim cannot be prosecuted again for the same offences.

Lim, 84, is currently serving a 13½-year prison sentence after the High Court reduced his original 17½-year jail term in March 2026. He was convicted in 2024 on two cheating charges and one count of abetting forgery in a case prosecutors described as one of Singapore’s most serious trade finance frauds.

Lim was convicted in May 2024 of two charges of cheating the Hongkong and Shanghai Banking Corporation (HSBC) and one count of abetting forgery that proceeded to trial out of a total of 130 criminal charges.

He was first charged in court on 14 August 2020, and was subsequently handed further charges in court on 25 September 2020, 30 April 2021 and 24 June 2021 for his role in perpetuating fraud on various financial institutions. 

A total of 130 charges were eventually brought against him for cheating and forgery-related offences.

Related: Singapore: Hin Leong Founder OK Lim gets jail term slashed to 13.5 years

 

Photo credit: Sora Shimazaki
Published: 21 July, 2026

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Winding up

Singapore: Coastal Logistics Pte Ltd to be wound up voluntarily

Coastal Logistics was reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd.

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RESIZED Drew Beamer

Several resolutions for Coastal Logistics Pte Ltd were made during an extraordinary general meeting held on 14 July, according to a notice in the Government Gazette on Friday (4 July).

The following resolutions were duly passed during the meeting:

As Special Resolution

  • That it has been proved to the satisfaction of the meeting that the Company cannot by reason of its liabilities continue its business and accordingly the Company be wound up voluntarily pursuant to Section 160(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018);

As Ordinary Resolutions

  • that Mr. Wong Pheng Cheong Martin and Ms. Koay May Yee, both care of FTI Consulting (Singapore) Pte Ltd, One Raffles Quay, #27-10 South Tower, Singapore 048583 be appointed as the joint and several Liquidators of the Company for the purpose of such winding up; and
  • that the Liquidators be at liberty to open, maintain and operate any bank account(s) or account(s) for monies received by them as Liquidators with such bank(s) as they deem fit; and
  • that a Committee of Inspection will not be formed.

Manifold Times previously reported Nicholas James Gronow, director of Heng Tong Fuels & Shipping and Coastal Logistics, filed statutory declarations for both companies stating the firms cannot continue their businesses due to liabilities.

Both companies were reportedly affiliated with troubled Singapore bunker player Coastal Oil (Singapore) Pte Ltd. 

In 2019, several vessels owned by both firms entered the sale & purchase (S&P) market in Singapore.

Related: Singapore: Director declares Heng Tong Fuels & Shipping’s inability to continue business
Related: Heng Tong Fuels & Shipping in court over DBS Bank bunker tanker loan
Related: Singapore: Bunker tanker “Coastal Neptune” arrested
Related: Heng Tong Fuels & Shipping, Coastal Logistics tankers enter S&P market

 

Photo credit: Drew Beamer
Published: 21 July, 2026

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