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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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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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