Visakhapatnam Port achieves the 19th position in the Container Port Performance Index 2023, surpassing Mundra Port. Operated by J M Baxi Ports & Logistics, it runs a high-capacity terminal contributing to its efficiency.
Index Overview
The Container Port Performance Index 2023, curated by the World Bank and S&P Global Market Intelligence, evaluates port efficiency globally, emphasizing vessel time in port.
Visakhapatnam’s Performance
Visakhapatnam Port, managed by J M Baxi Ports & Logistics, secures the 19th spot, boasting superior efficiency compared to Mundra Port.
Terminal Efficiency
Visakha Container Terminal Pvt Ltd, a unit of J M Baxi Ports & Logistics, demonstrates exceptional efficiency metrics, including moves per crane hour, turnaround time, and berth idle time.
Impact and Recognition
The milestone earns accolades from stakeholders and government bodies, highlighting the port’s significance in India’s maritime sector and its adherence to Maritime India Vision 2030 guidelines.
Future Endeavors
The port authority plans to further enhance performance and reward the terminal operator, solidifying its commitment to operational excellence.
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