When Shanghai and other major Chinese ports suspended operations last spring due to a COVID-19 outbreak, it was the latest example of ports confronting extraordinary circumstances amid a continuing surge in cargo from the world’s largest exporter. It also served as a painful reminder of the vital role ports play, how impactful port disruption can be, and the importance ports play in a global supply chain that depends on the efficient flow of goods. In an effort to identify gaps in port productivity and opportunities for improvement, IHS Markit, parent company of The Journal of Commerce and now part of S&P Global, in 2021 partnered with The World Bank to produce the Container Port Performance Index. In the 4 months since the index debuted, interesting trends have emerged on a global and regional basis that have impacted the performance of port stakeholders ranging from ocean carriers and railroads, to trucking companies, and importantly, cargo owners themselves.
This webcast will analyze latest findings in the underlying global port performance data used to construct the Container Port Performance Index. The session will examine the latest Port Performance metrics at main gateway ports in key world regions for insights into the current and outlook situation for container port delays and congestion.
Moderator:
Greg Knowler, Senior Editor, Europe, JOC, Maritime, Trade and Supply Chain, S&P Global
