The Port of Cartagena in Colombia rose to third place, consolidating its position in international maritime trade.
Photo: hector rico
The Port of Cartagena Group is the third most efficient port in the world according to the latest Container Port Performance Index (CPPI) 2023, developed by the World Bank and S&P Global Market Intelligence, the results of which were issued today, June 4. According to what was said in the report presented by the entities mentioned, this achievement highlights the importance of resilience and efficiency in the global context of maritime trade.
The 2023 CPPI is based on an unprecedented data set that includes more than 182,000 vessel arrivals, 238.2 million movements and approximately 381 million twenty-foot equivalent units (TEU) during the full calendar year 2023.
These data reflect the performance of 405 container ports worldwide, highlighting the length of port stay of container ships as a key efficiency indicator.
“We receive with joy, humility and complacency these results that are the product of the efforts of our collaborators, and their commitment to being better every day. We invest in training, infrastructure, innovation and technology to make Colombia competitive in international maritime trade, and this indicator tells us that we are on the right path,” said Alfonso Salas, manager of the Port of Cartagena Group.
“While the challenges caused by the COVID-19 pandemic and its aftermath have eased in 2023, container shipping remains an unpredictable and volatile sector,” said Martin Humphreys, Chief Transport Economist at the World Bank. “Major ports need to invest in resilience, new technology and green infrastructure to ensure the stability of global markets and the sustainability of the shipping industry.”
The report also highlights that ports in East and Southeast Asia continued to stand out, occupying 13 of the top 20 spots in the index.
“There is greater awareness and focus on port resilience and efficiency, and greater understanding of the negative impact of port delays on economic development,” said Turloch Mooney, Head of Port Intelligence and Analysis at S&P Global Market Intelligence. “
The Port of Yangshan in China took first place for the second consecutive year, while the Port of Salalah in Oman maintained the second position. The Port of Cartagena in Colombia rose to third place, consolidating its position in international maritime trade.
The report takes into account the following factors: 1) arrival time of the vessels, 2) average stay time of the vessels in the port, 3) productivity and number of crane movements.
These are the Top 5 of the measurement:
- Yangshan (China)
- Salalah (Oman)
- Cartagena Colombia)
- Tangier Med (Morocco)
- Tanjung Pelepas (Malaysia)
About the Container Port Performance Index (CPPI)
Developed by the World Bank and S&P Global Market Intelligence, the Container Port Performance Index (CPPI) is a comparative global index of port performance, serving as a benchmark for key players in the global economy, including national governments, authorities port authorities, development agencies, supranational organizations and private trade, logistics and supply chain services operators.
With its two terminals, the Cartagena Regional Port Society and Contecar, the Cartagena Port Group is the logistics and port platform par excellence of the Greater Caribbean. Classified by ECLAC as the port with the greatest cargo movement in Latin America and by UNCTAD as the port with the greatest connectivity in the region, it is the main export port of Colombia, it has been recognized on ten occasions as the best port in the Greater Caribbean. by the Caribbean Shipping Association and stands out among the best companies to work for in Colombia and Latin America according to Great Place To Work. Additionally, S&P, together with the World Bank, place the port in first place in the American continent in the port efficiency index and in third place worldwide.
