APM Terminals’ operations appeared six times in the top ten most efficient container terminals in the world, as ranked in the Container Port Performance Index (CPPI) 2023 published by the World Bank and S&P Global Market Intelligence.
The CPPI is based on an extensive dataset from 405 ports worldwide, the largest to date. Time stamps from 10 of the world’s largest liner shipping companies, which collectively operate almost 80 percent of global container shipping, are collected. This equates to over 182,000 vessel calls, 238.2 million moves, and approximately 381 million twenty-foot equivalent units (TEUs) for the full calendar year of 2023.
The Port of Salalah in Oman secured a second-place ranking, Tanger-Mediterranean in Morocco held fourth, Malaysia’s Tanjung Pelepas Port fifth, Cai Mep in Vietnam seventh, Yokohama in Japan ninth and APM Terminals Algeciras, Spain tenth.
“It is no coincidence that five of these top performing container terminals, APM Terminals Algeciras, APM Terminals Tangier and Medport Tangier, and Port of Tanjung Pelepas have also been selected by the new Gemini Cooperation, a long-term operational collaboration between Maersk and Hapag-Lloyd, which will start in February 2025. Hubs will play a key role in delivering the industry-leading 90%+ schedule reliability, competitive transit times, and far-reaching global coverage set as a goal by Gemini, once the network is fully implemented,” APM Terminals said on its website.
Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.
