Qatar: Hamad Port 8th in world on Container Performance Index

Qatar: Hamad Port 8th in world on Container Performance Index

Qatar - Hamad Port, Qatar's main gateway to world trade, continues to impress as it has ranked eighth in the world and third in the Arab region on the Container Port Performance Index (CPPI) for 2022, Mwani Qatar said in a tweet Saturday.

The index issued by the World Bank and S&P Global Market Intelligence "reflects the port's high-quality operations, as it measures the time needed by ships to complete loading and unloading tasks", Mwani Qatar stressed.

The index confirms the high capabilities of Hamad Port, which is one of the largest ports in the Middle East, it added.

According to 'The Container Port Performance Index 2022: A Comparable Assessment of Performance based on Vessel Time in Port', issued by the World Bank and S&P Global Market Intelligence: "The challenges caused by the Covid-19 pandemic and its aftermath on the sector eased in 2022, an easing that has continued into early 2023. This has resulted in an improvement in both port congestion and a reduction in logistical disruption. The improvement in 2022 has had a positive impact on the performance and ranking of some ports; where the problem was systemic, as opposed to location specific, the inherent inefficiency remains.

"One of the ‘silver linings’