World Bank and S&P Global Market Intelligence Index measures time required for vessels in port to complete workloads
Abu Dhabi, UAE – 25 June, 2022: Executives at AD Ports Group have confirmed that its flagship deep-water port, Khalifa Port, has been ranked in the top five of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence.
The ranking is based on time vessels needed to spend in port to complete workloads over the course of 2021, a year that saw unprecedented port congestion and disruption to global supply chains due to the impact of the COVID-19 pandemic. More than four-fifths of global merchandise trade by volume are carried by sea, and approximately 35 percent of total volumes and over 60 percent of commercial value is shipped in containers, making the ranking an important global economic indicator.
The report cites the use of digital technology and green fuel alternatives as two of the major ways that countries are modernising their ports and making maritime supply chains more resilient – both areas in which Khalifa Port has excelled.
Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said: “This ranking is another indicator of the high levels of performance that customers are receiving at Khalifa Port, with the full support of AD Ports Group’s integrated business clusters. We have recognised the pressure that global supply chains are under and have worked hard to create efficiencies and new synergies in every area. At the direction of our nation’s wise leadership, we will continue to drive world-class performance levels at all our facilities.”
Saif Al Mazrouei, Chief Executive Officer of Ports Cluster, AD Ports Group, said: “Khalifa Port is at the cutting-edge of innovation and investment, to support world trade and the growth and diversification of the UAE economy. We have deployed a leading team of professionals and cutting-edge technology at Khalifa Port including automatic stacking cranes, aerial drones, and an automated Terminal Operation System. This has enabled us to deliver the highest standards of service, and we continue to deploy new innovations to ensure the best possible customer experience.”
AD Ports Group has continued to invest in innovative technologies throughout 2022, to ensure it maintains its cutting-edge. Maqta Gateway, AD Ports Group’s digital solutions provider, offers more than 160 digitalised services to stakeholders and customers at Khalifa Port, boosting overall efficiency and enabling faster turnaround times.
CSP Abu Dhabi container terminal (CSP) operating within Khalifa Port is the first terminal in the Middle East to implement an autonomous port truck system, deploying electric Q-Trucks to support mother vessel loading and unloading activities within the facility’s container yard.
Four of the five most efficient ports in the ranking are based in the Middle East, with Saudi Arabia’s King Abdullah Port, Port Salalah in Oman and Hamad Port in Qatar joining Khalifa Port at the top.
The Container Port Performance Index is based on total port hours per ship call, defined as the elapsed time between when a ship reaches a port to its departure from the berth having completed its cargo exchange. Greater or lesser workloads are accounted for by examining the underlying data within ten different call size ranges. Five distinct ship size groups are accounted for in the methodology given the potential for greater fuel and emissions savings on larger vessels.
The full index can be found here.
Thank you for your interest in our Investor downloads. You will be added to our investor database to receive updates from our investor relations teams by filling in the form.
This website contains general information about Abu Dhabi Ports PJSC (AD Ports Group) (the “Company”). The contents have been made available to you solely for information purposes and does not purport to be complete. By reading information on this website you agree to be bound as follows: nothing on this website shall constitute or deemed to constitute an invitation to invest or otherwise deal in securities in the Company.
Any investor or prospective investor considering making a transaction of securities in the Company should consult with its own counsel and advisers as to all financial, legal, tax, and related matters concerning an investment in such securities.
This website contains forward‐looking statements. These statements may include the words “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, “project”, “will”, “may”, “targeting” and similar expressions as well as statements including, without limitation, those regarding the financial position, business strategy, plans, targets and objectives of the management of the Company for future operations, including development plans and objectives. Such forward‐looking statements involve known and unknown risks, uncertainties and other important factors which may affect the Company’s ability to implement and achieve results set out in such forward‐looking statements and which may cause actual results and developments to be materially different from any forecast, opinion or expectation expressed on this website.
By clicking Accept, I understand that I may be contacted by AD Ports Group and Affiliates in relation to this event and other similar events and services relevant to my industry. By registering for this event, I acknowledge that AD Ports Group and Affiliates may contact me as described herein and as otherwise set out in the Privacy Policy and in accordance with stated Terms and Conditions