WEFT™ PORT RANKING

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A Benchmark for Supply Chain Excellence

The Weft™ Port Ranking balances key port performance indicators with additional data to calculate a ranking of container and cargo ports around the world.

Measure What Matters

Ranking global container ports is a complex science. Each stakeholder and interested party has differing views of what metrics are the most critical. What is more important - the number of vessels a port serves, average turn times, TEU volume, size and capacity or something else? All are important factors, but may not give a complete picture of the port’s value to your business.

With these considerations in mind, Weft™ aimed to rank container and cargo ports globally. Unlike other port rankings, which use self-reported data, this categorization is based on actual observations of marine shipping activity. The result is a ranking of the top container and cargo ports in the world.

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Improve Business Decisions with Objective Data

The Weft™ Port Ranking can help business leaders identify opportunities for improvement in their supply chain:

  • Segment ports by multiple variables.
    Compare ports based on what is most important to your business, including productivity, utilization, congestion, efficiency, risk and geographic region.
  • Simplify procurement and contracts.
    Quickly see which ports are best addressing your business needs and use objective data to negotiate contracts.
  • Measure your company performance.
    Port operators can see how their business stacks up against the competition on multiple key factors.

Methodology

HOW OUR RANKINGS WORK

The Weft™ Port Ranking is based on our proprietary calculation of live ocean shipping data called the Weft™ Score. In our system, each cargo port is mapped, including navigable water, terminals and berths. The live vessel movements within and around the port, in conjunction with external variables, like weather and ocean currents, labor disputes, historical trends, news and more, give us the data to calculate for

  • Productivity: An estimate of the total cargo/liquid products offloaded during the measured time interval.
  • Efficiency: The average duration between arrival and departure for vessels at a port during the specified time interval.
  • Throughput: The total number of vessels that have arrived at a port during the measured interval.
  • Utilization and Congestion: The percentage of resources in use at a port during the specified time interval.
  • Risk: The likelihood of delays of damage due to danger, labor issues, weather and other external factors.

Weft™ Score is an overall rating encompassing scores for each of these metrics.

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