Container Port Performance Index (CPPI)

News Excerpt:

In a remarkable advancement for India’s port development initiatives, nine Indian ports have been ranked among the Global Top 100 in the latest edition of the Container Port Performance Index (CPPI) 2023.

More About News:

  • The report, prepared by the World Bank and S&P Global Market Intelligence, highlights the significant strides made by Indian ports in operational efficiency and service delivery.
  • Union Minister of Ports, Shipping & Waterways, attributed this success to the ambitious Sagarmala programme.
    • The programme focuses on the modernisation and mechanisation of ports, alongside the integration of advanced technologies to boost performance and efficiency.
    • Incorporation of new technologies and green infrastructure, is important for ensuring the stability of global markets and the sustainability of India's maritime industry.
    • With sustained effort in this regard, the Indian maritime sector will further improve resilience and efficiency of maritime gateways and boost port-led economic development.
  • Visakhapatnam Port stood out with an impressive 27.5 moves per crane hour, a turnaround time (TRT) of 21.4 hours, and minimal berth idle time, showcasing exceptional efficiency in handling container ships.
  • Other Indian ports making it to the top 100 include Pipavav (41), Kamarajar (47), Cochin (63), Hazira (68), Krishnapatnam (71), Chennai (80), and Jawaharlal Nehru (96).

Container Port Performance Index (CPPI)

  • Developed by the World Bank and S&P Global Market Intelligence, the global Container Port Performance Index is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy, including national governments, port authorities, development agencies, supra-national organizations and private operators of trade, logistics and supply chain services.

Aim: 

  • Its primary aim is to identify areas for enhancement for the benefit of multiple stakeholders in the global trading system and supply chains, from ports to shipping lines, national governments, and consumers.

Key Observations:

  • There are 57 new ports in the CPPI 2023, including Muuga Harbour in Estonia and Port of Al Duqm in Oman, as well as several notable movers. 
    • One of the major Indian ports, Visakhapatnam Port, made it into the top 20. 
  • Despite its relatively low ranking, Dar es Salaam Port in Tanzania managed to shave ship arrival times by 57%.
  • The top-performing ports, China’s Yangshan Port earned the top spot for the second consecutive year, while Oman’s Port of Salalah retained the number two position. 
  • The port of Cartagena in Colombia ascended to 3rd place. Tanger-Mediterranean of Morocco held steady in 4th, and Tanjung Pelepas Port in Malaysia rounded out the top 5.
  • The CPPI ranks 405 global container ports by efficiency, focusing on the duration of port stay for container vessels. 

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