Container ships are an essential part of shipping connecting producers and consumers across global markets and are viewed by organizations such as the World Bank and UN as a significant development factor.
Here are 8 facts about global shipping connectivity:
1 – Some countries are too far away from global shipping routes to score any noteworthy points on the organizations’ Liner Shipping Connectivity Index
2 – There are major differences in the development of shipping industries and harbor infrastructure among those who want to benefit from the global shipping pie.
3 – India, despite flanking the route from Shanghai to Rotterdam, was snubbed by the world’s largest ship, the Ever Alot, operated by Taiwan’s Evergreen Shipping. The ship docked in Sri Lanka instead as Indian harbors were deemed too small.
4 – Shipping tycoon Gautam Adani said his port in Mundra, Gujarat would handle the ship, but was also skipped.
5 – Sri Lanka is giving India a run for its money when it comes to the development of its shipping industry and infrastructure. The small country ranks at 70.7 points, almost as much as the United Arab Emirates, while India only scores 58.9 points, behind Turkey, Egypt, Thailand, and Morocco.
Sri Lanka ranks at 70.7 points on the development of its shipping industry and infrastructure, almost as much as the UAE.
6 – The World Bank index warns that India’s ambitions to boost factory activity and export trade could be held back by infrastructure woes.
7 – China had the highest score in the ranking, followed by South Korea, Singapore, and the United States. In Europe, the Netherlands received the highest rank ahead of Spain and the United Kingdom.
The Netherlands received the highest rank in Europe, ahead of Spain and the UK.
8 – South America was one of the weakest continents for shipping connectivity, with Panama and Colombia scoring around 50 points and Brazil falling short of 40.