Container Port Performance Index (CPPI) 2023

About Container Port Performance Index:

• It is a highly regarded benchmark that assesses the performance of ports on parameters such as productivity, efficiency, and reliability.
• It is released by the World Bank and S&P Global Market Intelligence.
• It serves as a reference point for key stakeholders, including national governments, port authorities, development agencies, supra-national organisations, and private operators, in trade, logistics and supply chain services.
• Highlights of CPPI 2023:
  • Yangshan port in China and Salalah port in Oman emerged as the top two ports in the rankings.
  • Nine Indian ports have secured places among the top 100 global ports.
  • While Visakhapatnam Port made it to the top 20 ports of the world at 19 in 2023, Mundra Port also climbed up the index at 27 in the current ranking.
  • This also marks an advancement from Visakhapatnam’s 115th rank and Mundra’s 48th position in the 2022 rankings.
  • Vishakhapatnam Port has demonstrated impressive performance with a turnaround time (TRT) of 21.4 hours, achieving 27.5 moves per crane hour, and minimising berth idle time.
  • Additionally, seven more Indian ports, secured ranks in the top 100: Pipavav (ranked 41), Kamarajar (47), Cochin (63), Hazira (68), Krishnapatnam (71), Chennai (80), and Jawaharlal Nehru JNPA (96).