The Port of Cape Town has been identified as the world's worst-performing and least competitive port according to the World Bank and S&P Global Container Port Performance Index for 2023.
The Port of Cape Town has been identified as the world’s worst-performing and least competitive port according to theCape Town’s port is joined by the Port of Ngqura in the Eastern Cape which ranked second-last while the Port of Durban, the country’s largest port and handler of nearly half of South Africa’s port traffic, ranked 399th on the list.
According to the latest index, Yangshan Port in China took the top spot as the world’s top-ranked container port followed by the Port of Salalah in Oman in second place. Both ports retained their ranking from the 2022 index. ‘The City of Cape Town has consistently advocated for the inclusion of private sector investment and participation in port management and logistics. Transnet must keep the privatisation ball rolling on its April announcement to seek bids for the development and maintenance of a liquid bulk terminal,’ says Vos‘The inefficiencies at our port not only impede the flow of goods but also significantly hamper our economic growth.
‘The integration of private sector expertise and resources is not just a potential solution – it is a necessary step,’ says Vos. ‘Private sector involvement can bring fresh perspectives, innovative solutions and more efficient operational practices.’
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