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Yangshan Port, ranked first in the world!

Karen 2024-06-14 16:17:27

Yangshan Port, ranked first in the world!

The latest Global Container Port Performance Index (CPPI) report, compiled by the World Bank and S&P Global Market Intelligence, shows that East and Southeast Asian ports performed well in 2023, with 13 of the top 20 ports coming from these regions.

The report shows that among the best performing ports, China's Yangshan Port retains the top spot, Oman's Serra Port retains the second place, and Colombia's Cartagena Port rises to the third place. Morocco's Mediterranean port of Tangier holds on to fourth place, while Malaysia's Tanjung Palapas rounded out the top five.sea forwarder freight in China

The report is based on the efficiency of 405 container ports around the world, with a focus on how long container ships stay in port. Fifty-seven new ports were added, including Muga Port in Estonia, Duqm Port in Oman, and several other important ports.door to door shipping agent

India's main port, Vishahapatnam, made the top 20. Tanzania's Dar es Salaam port, despite being relatively low on the list, managed to cut ship entry times by 57 percent.DDU DDP shipping

Given that more than 80% of the world's merchandise trade is transported by sea, the resilience, efficiency and overall performance of ports have a major impact on global markets and economic development, the report said.

Director of Port Information Analysis at S&P Global Markets, said :" There is greater awareness and concern about the resilience and efficiency of maritime gateways, as well as a greater understanding of the adverse impact of port delays on economic development. The highly interconnected nature of container traffic means that the negative effects of a port's poor performance can extend beyond its hinterland and disrupt entire shipping schedules, resulting in higher import and export costs, reduced competitiveness, and stunted economic growth and depots.