CONTAINER PORT PERFORMANCE INDEX (Syllabus: GS Paper 3 – Economy)

News-CRUX-10     24th June 2024        
Samadhaan

Context: As many as nine ports of India have made it to the global top 100 rankings in the latest edition of Container Port Performance Index.


Container Port Performance Index (CPPI)

  • About: It is a widely recognized benchmark evaluating port performance based on productivity, efficiency, and reliability metrics.
  • Released by: World Bank and S&P Global Market Intelligence.
  • Published: Annually
  • Stakeholders and Utility: CPPI serves as a crucial reference for national governments, port authorities, development agencies, supra-national organizations, and private operators in optimizing trade, logistics, and supply chain operations.
  • Highlights of CPPI 2023

oTop Performers: Yangshan port (China) and Salalah port (Oman) achieved the highest rankings in the 2023 index.

oIndian Ports: Nine Indian ports secured spots in the top 100 global ports, marking significant progress in global rankings.

oSpecific Port Achievements

üVisakhapatnam Port improved its ranking to 19th globally, showcasing notable advancements from previous years.

üMundra Port climbed to 27th place, demonstrating substantial improvement since the last assessment.

üOther Indian Ports in Top 100: Pipavav (41), Kamarajar (47), Cochin (63), Hazira (68), Krishnapatnam (71), Chennai (80), and Jawaharlal Nehru Port (96) also featured prominently in the 2023 rankings, underscoring India's growing influence in global maritime logistics.

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