Port of Shanghai targets Singapore, London in maritime push from busiest to best

Shanghai, already home to the world’s largest container port, has unveiled a strategic road map to further bolster its shipping-services sector, escalating a challenge to hubs in Hong Kong, Singapore and London.The Shanghai" class="entity-link entity-location" data-entity-id="169926" data-entity-type="location">Port of Shanghai, China’s most prominent commerce and trading gateway, aims to leverage tech, including Artificial Intelligence and Automation, to boost efficiency and expand value-added industries, from financing and insurance to legal services, according to a five-year plan released by the Shanghai-government" class="entity-link entity-organization" data-entity-id="169927" data-entity-type="organization">Shanghai government on Wednesday.The move reflects how the city’s ambitions go beyond just maintaining its status as a leading cargo terminal, by mapping out intentions to accelerate its rise as an international shipping and maritime hub, putting pressure on other major hubs to keep pace.