Container Port Performance Index (CPPI), developed by World Bank and S&P Global Market Intelligence, measures the resilience, efficiency and overall performance of the Ports.
While Visakhapatnam Port made it to the top 20 ports of the World at 19 in 2023, Mundra Port also climbed up the index at 27 in the current ranking.
According to the statement, Visakhapatnam Port has showcased strong performance with 27.5 moves per crane hour, a turnaround time (TRT) of 21.4 hours, and minimal berth idle time. These metrics highlight the port's efficiency in handling container ships and significantly influence customer preference.
Seven other Indian ports, which secured ranks in the top 100, are Pipavav (ranked 41 in the list), Kamarajar (47), Cochin (63), Hazira (68), Krishnapatnam (71), Chennai (80) and Jawaharlal Nehru (96), the statement added.
Speaking on the occasion, Union Shipping Minister Sarbananda Sonowal said this is a tremendous achievement for Indian ports.
There has been a significant improvement via operational efficiency and service delivery in the efficient handling of ships and cargo, he added.