9 major ports make it to Global Top 100, Visakhapatnam Port in world’s top 20 list in 2023

0
18

In a significant boost to India’s port development programme, as many as 9 ports of India have made it to the Global Top 100 list in the latest edition of Container Port Performance Index (CPPI), 2023 – a report prepared by the World Bank and S&P Global Marketing Intelligence.

As per reports, Visakhapatnam Port made it to Top 20 list at 19 spot in 2023 while Mundra Port climbed up the index to 27 spot in the current ranking, upping its rank from 48 last year.

The Container Port Performance Index (CPPI), developed by World Bank and S&P Global Market Intelligence, measures the resilience, efficiency and overall performance of the Ports

Vishakhapatnam Port showcased strong performance with 27.5 moves per crane hour, a turnaround time (TRT) of 21.4 hours, and minimal berth idle time. These metrics highlight the port’s efficiency in handling container ships and significantly influence customer preference.

Seven other Indian ports, which secured ranks in the top 100, are Pipavav port (41), Kamarajar port (47), Cochin port (63), Hazira port (68), Krishnapatnam port (71), Chennai port (80) and Jawaharlal Nehru port (96).

Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal gave credit to ambitious Sagarmala programme, envisioned by Prime Minister Narendra Modi, for modernization of ports and improving their efficiency.

As per the minister, there had been a significant improvement via operational efficiency and service delivery in the efficient handling of ships and cargo besides through path breaking ambitious initiatives like Sagarmala, has helped us build resilience, incorporate new technology, and green infrastructure to ensure stability of global markets and sustainability of India’s maritime industry.

LEAVE A REPLY

Please enter your comment!
Please enter your name here