Port Performance Varies Across the Globe Amid Continuing Shocks

Core Insights - Global port performance declined from 2020 to 2024 due to the Red Sea Crisis, challenges at the Panama Canal, and pandemic-related shocks, but some developing country ports showed improvement [1][2][3] Performance by Region - East Asian ports led the rankings in 2024, while South Asian ports experienced significant recovery over the past year [2] - North American and European ports maintained performance scores close to those of 2023, demonstrating resilience [2] Improvements in Developing Countries - Notable improvements were observed in several developing country ports, including Dakar (Senegal), Jawarharlal Nehru (India), Mersin (Türkiye), Port Said (Egypt), and Posorja (Ecuador) between 2020 and 2024 [3] Factors Contributing to Improvement - Improvements in port performance were attributed to strong political commitment, partnerships with global terminal operators, streamlined trade procedures, and targeted investments from financial institutions [4] Operational Efficiency Insights - The report emphasizes total vessel time in port as a key indicator of operational efficiency, crucial for understanding global trade resilience and reliability [5] - The introduction of 24/7 crane operations, optimal crane deployment, and digital platforms connecting customs and logistics partners can enhance competitiveness and resilience [6] Diagnostic Tool for Stakeholders - The CPPI serves as a diagnostic tool for stakeholders to identify structural inefficiencies and develop strategies for enhancing port operations, which is essential for economic growth and competitiveness [7]