Shanghai still 4th in global port index

Shanghai maintained its fourth position among international shipping centers, following Singapore, Hong Kong and London, according to the Xinhua-Baltic International Shipping Center Development Index published on Thursday.

The index was published at three global shipping centers in Shanghai, Singapore and London, according to Mark Jackson, CEO of the Baltic Exchange.

Jackson said the three cities are home to three of the world's greatest shipping centers, and each has its own strengths and specialization.