World Maritime Capitals, 2017

World Maritime Capitals, 2017

Source: Adapted from Menon Consulting (2017), Maritime Capitals of the World.

Note: The lower the score, the higher the ranking. Each selected city was ranked according to a series of criteria within five major categories (Shipping centers, maritime finance and law, ports and logistics, maritime technology, and competitiveness). The index is the unweighted summation of the average score for each category.

According to various ranking systems, the global urban system can be classified where some cities can assume a level of preeminence in the hierarchy depending on the criteria. These criteria are commonly related to demographic and economic attributes. Since maritime transportation is a unique industry, it is also characterized by its own hierarchy of activities supporting its financing, management, innovation, and operations. Among the first tier of their hierarchy are cities such as Singapore, Shanghai, Tokyo, Hamburg, and London that have developed an impressive accumulation of maritime activities. However, this maritime hierarchy is not uniform as some cities are more prominent for financial activities while for others, it is for their logistics capabilities.