Developing Regions for Container Shipping

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The World Bank and the UN consider container ships to be an important development element since they connect consumers and manufacturers on various international marketplaces. While some nations are too remote from major shipping lanes to rank particularly well on the organisations’ Liner Shipping Connectivity Index, there are also significant variances in the growth of the shipping and port infrastructure among those that want a piece of the global shipping action.

Indian harbours insufficient 

One of the latter is India, which, despite flanking the world’s largest ship on its journey from Shanghai to Rotterdam in the Netherlands and again, was recently rudely ignored by it. According to Bloomberg, the Taiwanese company Evergreen Shipping’s vessel, the Ever Alot, moored in Sri Lanka instead because Indian harbours were considered insufficient. Shipping magnate Gautam Adani claimed that Gujarat’s Mundra port could handle the ship, but that claim was also disregarded.

Growth of the shipping industry 

The World Bank index demonstrates that when it comes to the growth of its shipping industry and infrastructure, Sri Lanka is actually giving India a run for its money. With 70.7 points, the tiny nation is practically on par with the United Arab Emirates. India comes in last with 58.9 points, scoring less than Egypt, Morocco, Thailand, and Turkey. These infrastructure issues may impede the nation’s plans to increase manufacturing and export activities, the paper claims.

In the rating, China received the highest score, followed by South Korea, Singapore, and the United States. Prior to Spain and the United Kingdom, the Netherlands had the highest ranking in Europe. One of the least connected continents in terms of shipping was South America, with Panama and Colombia scoring close to 50 points and Brazil falling short of 40.

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Source: Statista