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Overall performance slides, but some developing country ports improved between 2020-2024
Port performance across the world declined between 2020 and 2024 due to the Red Sea Crisis, challenges at the Panama Canal, and pandemic-related shocks, according to a new report released today. However, efficiency gains varied by region and income level.
The report, Container Port Performance Index (CPPI), shows that East Asian ports demonstrated improved performance and led the rankings in 2024. South Asian ports also saw remarkable recovery over the past year, while ports in North America and Europe showcased resilience by maintaining scores close to 2023.
The annual report, which is in its fifth edition, is jointly produced by the World Bank Group and S&P Global Market Intelligence and sheds light on emerging trends in port efficiency between 2020 and 2024.
The world's largest ports in high-income countries were not the only ones to see improvements. Several developing country ports saw noteworthy improvements to their scores and rankings, between 2020-2024, including Dakar ( Senegal ), Jawarharlal Nehru ( India ), Mersin (Türkiye), Port Said ( Egypt ), and Posorja ( Ecuador ).
The report attributes these improvements to strong political commitment, partnerships with global terminal operators, streamlined trade procedures, and, in some cases, targeted investments from financial institutions.
" Even amid the multiple shocks, developing country ports are finding ways to adapt, improve, and maximize value," notes Nicolas Peltier-Thiberge, Global Director for Transport at the World Bank. " It's a reminder that with better planning, technology, and cooperation across the logistics chain, ports can make significant strides in their efficiency."
This edition of the CPPI offers a comprehensive global benchmark of 403 container ports worldwide, utilizing a robust dataset that includes more than 175,000 vessel calls and 247 million container moves. It emphasizes total vessel time in port as a key indicator of operational efficiency, which is crucial for understanding the resilience and reliability of global trade. This year's CPPI introduces a multi-year trend analysis for the first time, allowing for a deeper understanding of how individual ports have evolved over the past five years. This innovation provides valuable insights into whether ports have improved, declined, or remained stable in their performance metrics.
The report notes that introducing 24/7 crane operations, optimal crane deployment, and digital platforms that connect with customs and logistics partners can deliver measurable gains in competitiveness and resilience.
"The CPPI, and its underlying data, serves as a diagnostic tool, enabling stakeholders to pinpoint structural inefficiencies and develop strategies for enhancing port operations," said Turloch Mooney, Global Head of Port Intelligence & Analytics at S&P Global Market Intelligence. "As we navigate an increasingly complex global shipping environment, understanding and improving port performance is essential for economic growth and competitiveness."
The full report can be accessed here .
About the Container Port Performance Index (CPPI)
Developed by the World Bank and S&P Global Market Intelligence, the global Container Port Performance Index is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy, including national governments, port authorities, development agencies, supra-national organizations and private operators of trade, logistics and supply chain services.
About the World Bank ( www.worldbank.org/transport )
The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and innovative solutions that improve lives by creating jobs, strengthening economic growth, and confronting the most urgent global development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries. It consists of the World Bank, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID).
For more information, please visit www.worldbank.org , www.miga.org , and www.ifc.org .
About S&P Global Market Intelligence ( www.spglobal.com/marketintelligence)
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.
S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/marketintelligence
Contact:
World Bank Media Relations: +1 (202) 473 7660, press@worldbank.org
S&P Global Market Intelligence: +44(0)7483 439812, press.mi@spglobal.com
Website: https://www.worldbank.org/en/topic/transport
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