This year, chapter 3 provides an assessment of selected performance indicators for maritime transport, notably shipping connectivity, port turnaround times, port performance and environmental indicators for the shipping fleet.
Some will record specific costs, while for many, the environmental portion of a project is embedded in the overall costs. This applies to both capital and operating costs. The data suggest that the larger ports in Europe do indeed record such performance indicators.
Port performance is a key indicator of trade eficiency that determines connectivity and trade costs (Micco et al., 2003; UNCTAD, 2017a). Every hour of ship time saved in a port helps ports, carriers and shippers save money on port infrastructure investments, capital expenditures on ships and inventory holding costs of merchandise goods.
Note: Ships of 1,000 gross tons and above. Port performance is a key indicator of trade eficiency that determines connectivity and trade costs (Micco et al., 2003; UNCTAD, 2017a).