Middle East container ports are the most efficient in the world
Retrieved on:
Wednesday, May 25, 2022
Risk, Associate Director of National Intelligence and Chief Information Officer, Port, Democratic republic, CPPI, Index, Congo, Hamad Port, World Bank, Efficiency, S, Maritime fur trade, Digital technology, Technology, Gaps, S&P Global, Jeddah Islamic Port, Khalifa Port, Tanger-Med, World, Weapon, Renewable energy, Shipbuilding
NEW YORK, May 25, 2022 /PRNewswire/ -- Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence. CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy.
Key Points:
- NEW YORK, May 25, 2022 /PRNewswire/ --Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence.
- CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy.
- In the Middle East, heavy investments in container port infrastructure and technology are proving to be effective."
- The new report also highlights the resilience of East Asian ports and the capacity of Chinese ports in particular to effectively handle challenges brought about by the pandemic.