Views: 718 Author: Site Editor Publish Time: 2022-05-30 Origin: Site
The latest edition of the Global Container Port Efficiency Index (CPPI) jointly launched by the World Bank, Standard & Poor's and IHS Markit was officially released recently, and all 370 container ports around the world have entered the scope of CPPI assessment.
As the only authoritative industry index reflecting the efficiency of global container ports, CPPI aims to provide a reference for key stakeholders in the global economy. This includes national governments, port authorities and operators, development agencies, pan-international organisations, various maritime interests and other stakeholders in public and trade, logistics and supply chain services.
It is reported that the Global Container Port Efficiency Index (CPPI) is based on the actual number, type, waiting and operation time of ships in 370 container ports around the world in 2021, and is weighted by multiple factors such as the port's own infrastructure.
Again, two different methods were employed, one ADMINISTRATIVE APPROACH and the other STATISTICAL APPROAC, using factor analysis (FA). The rationale for using the two methods effectively ensures that container port performance reflects the actual efficiency of the port as closely as possible.
The overall performance of Chinese ports is outstanding in terms of port performance, with three Chinese container ports among CPPI's top 10 most efficient ports in the world: Shanghai (Yangshan Port) at No. 4, Ningbo Port at No. 7 and Guangzhou Port at No. 9.
In addition to Chinese ports, the performance of ports in the Middle East is also quite good. Last year's No. 1 port of Yokohama, Japan, fell to 10th in this year's ranking. The report also highlights the resilience of East Asian ports and the ability of Chinese ports to effectively respond to the challenges of the epidemic.
“Increased use of digital technologies and green fuel alternatives are two ways countries can modernize their ports and increase the resilience of maritime supply chains,” said Martin Humphreys, chief transport economist at the World Bank and one of the CPPI index researchers.
“Port inefficiencies are a significant risk for many developing countries, as they can hinder economic growth, hurt employment and increase costs for importers and exporters. In the Middle East, substantial investment in container port infrastructure and technology has proven effective Yes," commented Humphreys.
Source: One Shipping
Compiled by STU Supply Chain
