Regional shifts reshape global port rankings
The latest Container Port Performance Index (CPPI) published by the World Bank and S&P Global Market Intelligence highlights significant shifts in global container port performance, with East and Southeast Asian ports dominating the top rankings for 2023, securing 13 of the top 20 spots.
This fourth edition of the CPPI analysed data from over 182,000 vessel calls, 238.2 million moves, and approximately 381 million teu, underscoring the importance of port efficiency and resilience in global trade, which moves over 80% of merchandise by sea.
The report stresses the need for major ports to invest in technology, green infrastructure, and resilience to maintain stability in global markets and the shipping industry. New entries and notable movers include Visakhapatnam port in India breaking into the top 20 and Dar es Salaam port in Tanzania improving ship arrival times by 57%.
Yangshan port in China retained the top position, followed by Oman's port of Salalah and Colombia's Cartagena port. The CPPI ranks 405 ports based on container vessel port stay duration, aiming to enhance performance for stakeholders in the global trading system. (pb)
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