UAE’s Khalifa Port bags ‘Top 5’ rank on World Bank & S&P’s CPPI metric

UAE’s Khalifa Port bags ‘Top 5’ rank on World Bank & S&P’s CPPI metric

Abu Dhabi Ports Group (AD Ports Group)’s flagship deep-water port, Khalifa Port has been awarded a “Top Five” rank on the position on the Container Port Performance Index (CPPI), developed by the World Bank and S&P Global Market Intelligence.

The ranking is based on the time a vessel needs to spend in port to complete workloads over the course of 2021, one of the most challenging years in the history of logistics which witnessed unprecedented port congestion and disruption to global supply chains due to the impact of the COVID-19.

More than 80 percent of the global merchandise trade by volume is carried by sea. Approximately 35 percent of total volumes and over 60 percent of commercial value is shipped in containers, making the Index an important global economic indicator.

As per the report, the use of digital technology and green fuel alternatives are two major avenues through which nations across the globe are modernizing their ports and making maritime supply chains more resilient. The Index reveals that Khalifa Port excelled on both of those frontiers.

Captain Mohamed Juma Al Shamisi

MD & Group CEO

AD Ports Group “This ranking is another indicator of the high levels of performance that customers are receiving at Khalifa Port,