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9 Indian ports make it to global top 100

BNE News Desk , June 20, 2024
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New Delhi: Nine major ports of India have made it to the Global Top 100 in the Container Port Performance Index (CPPI), a report prepared by the World Bank and S&P Global Market Intelligence.

Visakhapatnam Port, which made it to the top 20 ports of the world at 19, recorded a significant improvement from 115 in 2022. Mundra Port also climbed up the index to 27 in the current ranking, upping its rank from 48 last year. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, credited the ambitious Sagarmala programme, envisioned by Prime Minister Narendra Modi, for modernizing the ports and improving their efficiency.

He said, "Sagarmala has led to significant improvements in operational efficiency and service delivery in the efficient handling of ships and cargo. The visionary leadership of Prime Minister Modi has helped build resilience, incorporate new technology, and green infrastructure to ensure the stability of global markets and sustainability of India's maritime industry."

With sustained effort, the Indian maritime sector is confident that it will further improve the resilience and efficiency of maritime gateways and boost port-led economic development, predicted the minister.

Vishakhapatnam Port has shown strong performance with 27.5 moves per crane hour, a turnaround time of 21.4 hours, and minimal berth idle time, highlighting its efficiency in handling container ships and significantly influencing customer preference.