Global Container Port Efficiency Ranking
- Author:aaron
- Release Date:2022-06-02
Global Container Port Efficiency Ranking
The World Bank and S&P Global Market Intelligence released the latest 2021 Global Container Port Performance Index (CPPI), which includes 370 ports around the world. Ports in the Middle East occupy four of the top five positions in the global rankings.
The CPPI is a comparable index of the performance of container ports worldwide, designed to serve as a reference point for key stakeholders in the global economy. The ranking is based on the time it takes for ships to complete their workload in ports in 2021, a year that has seen unprecedented port congestion and disruption to global supply chains.
The top ten ports on the list:
1. King Abdullah Port Saudi Arabia
2. Port Salalah Oman
3. Hamad Port Qatar
4. Yangshan Port China
5. Khalifa Port Abu Dhabi
6. Port of Tangier Morocco
7. Ningbo Port China
8. Jeddah Islamic Port Saudi Arabia
9. Guangzhou Port China
10. Yokohama Port Japan
Martin Humphreys, chief transport economist at the World Bank and one of the index's researchers, said: "Increased use of digital technologies and green fuel alternatives is key to countries modernizing their ports and improving the resilience of maritime supply chains. Two paths.” “Inefficient ports are a huge risk for many developing countries, as they hinder economic growth, hurt employment, and increase costs for importers and exporters. Significant investment in technology has proven effective."
The new report also highlights the resilience of East Asian ports, especially the ability of Chinese ports to effectively respond to the challenges posed by the outbreak.
China's three major gateways, Shanghai (Yangshan), Ningbo and the southern port of Guangzhou, all made the top ten. In Yokohama, Japan, the most efficient port in the previous year, the overall ranking dropped to tenth place.
Key port performance indicators show significant differences in global port efficiency in 2021, with the best-performing ports, such as King Abdullah Port, moving an average of 97 containers per hour, compared with just 26 containers per hour for major North American West Coast ports.
“The COVID-19 pandemic has highlighted the critical role that port performance plays in delivering goods in a timely manner to countries and their populations. The pandemic’s impact on key global gateways and associated supply chains is worrying and continues to cause significant supply delays and Shortages of cargo, resulting in higher prices, negatively impacted the financial health of many companies," said Turloch Mooney, associate director of maritime and trade at S&P Global Market Intelligence.
The two major gateway ports in the United States are at the bottom
Due to the severe blockage of the U.S. logistics network due to the supply chain crisis, the two largest U.S. ports, Los Angeles and Long Beach, have become the logistics centers with the lowest container throughput efficiency in the world, ranking the bottom two. The two largest U.S. ports account for about 40% of the total U.S. imports and exports.
In addition, most of the busiest shipping gateways in the United States, including Savannah, Georgia, New York, New Jersey, and Oakland, California, rank in the bottom half.
According to Turloch Mooney, ports in Asia and Europe tend to be more modern and able to handle more cargo than U.S. ports, which allows them to operate more efficiently around the clock. It also means that when ships reach the other side of the Pacific Ocean, the United States has no way of keeping up with this level of efficiency. “China’s loading ports are operational 24/7. If you load 24/7 there and you can’t unload 24/7 at the destination port, you’re going to run into choke points and backlogs (problems) )
The World Bank and S&P Global Market Intelligence released the latest 2021 Global Container Port Performance Index (CPPI), which includes 370 ports around the world. Ports in the Middle East occupy four of the top five positions in the global rankings.
The CPPI is a comparable index of the performance of container ports worldwide, designed to serve as a reference point for key stakeholders in the global economy. The ranking is based on the time it takes for ships to complete their workload in ports in 2021, a year that has seen unprecedented port congestion and disruption to global supply chains.
The top ten ports on the list:
1. King Abdullah Port Saudi Arabia
2. Port Salalah Oman
3. Hamad Port Qatar
4. Yangshan Port China
5. Khalifa Port Abu Dhabi
6. Port of Tangier Morocco
7. Ningbo Port China
8. Jeddah Islamic Port Saudi Arabia
9. Guangzhou Port China
10. Yokohama Port Japan
Martin Humphreys, chief transport economist at the World Bank and one of the index's researchers, said: "Increased use of digital technologies and green fuel alternatives is key to countries modernizing their ports and improving the resilience of maritime supply chains. Two paths.” “Inefficient ports are a huge risk for many developing countries, as they hinder economic growth, hurt employment, and increase costs for importers and exporters. Significant investment in technology has proven effective."
The new report also highlights the resilience of East Asian ports, especially the ability of Chinese ports to effectively respond to the challenges posed by the outbreak.
China's three major gateways, Shanghai (Yangshan), Ningbo and the southern port of Guangzhou, all made the top ten. In Yokohama, Japan, the most efficient port in the previous year, the overall ranking dropped to tenth place.
Key port performance indicators show significant differences in global port efficiency in 2021, with the best-performing ports, such as King Abdullah Port, moving an average of 97 containers per hour, compared with just 26 containers per hour for major North American West Coast ports.
“The COVID-19 pandemic has highlighted the critical role that port performance plays in delivering goods in a timely manner to countries and their populations. The pandemic’s impact on key global gateways and associated supply chains is worrying and continues to cause significant supply delays and Shortages of cargo, resulting in higher prices, negatively impacted the financial health of many companies," said Turloch Mooney, associate director of maritime and trade at S&P Global Market Intelligence.
The two major gateway ports in the United States are at the bottom
Due to the severe blockage of the U.S. logistics network due to the supply chain crisis, the two largest U.S. ports, Los Angeles and Long Beach, have become the logistics centers with the lowest container throughput efficiency in the world, ranking the bottom two. The two largest U.S. ports account for about 40% of the total U.S. imports and exports.
In addition, most of the busiest shipping gateways in the United States, including Savannah, Georgia, New York, New Jersey, and Oakland, California, rank in the bottom half.
According to Turloch Mooney, ports in Asia and Europe tend to be more modern and able to handle more cargo than U.S. ports, which allows them to operate more efficiently around the clock. It also means that when ships reach the other side of the Pacific Ocean, the United States has no way of keeping up with this level of efficiency. “China’s loading ports are operational 24/7. If you load 24/7 there and you can’t unload 24/7 at the destination port, you’re going to run into choke points and backlogs (problems) )