Public Management

Djibouti refutes World Bank's 2023 Container Port Index report

Doraleh container terminal (SGTD) Doraleh container terminal (SGTD)
Monday, 10 June 2024 14:06

The Government of the Republic of Djibouti has taken note with dismay of the "Container Port Performance Index 2023" report published on Wednesday, June 5, by the World Bank in partnership with the private company S&P (Standard and Poor’s).

According to this report, the Port of Djibouti has dropped from the 26th position worldwide in 2022 to the 379th position in 2023. This decline of over 350 places in a single year is obviously absurd and does not reflect any tangible reality on the ground.

The Republic of Djibouti strongly rejects the conclusions of this report which causes unjustified harm to our country and our facilities. This comes at a time when we have been facing complex operating conditions since early 2024 due to international tensions.

It is evident that the "data" used by the authors of this report are erroneous. Our performance indicators, in line with the best international standards, are constantly improving. The productivity of the quays at the Port of Djibouti container terminal is 120 movements per hour. Docking statistics show significant growth, resulting in an increase of over 30% between 2022 and 2023. The quays are far from being saturated, with an average utilization rate of 40%. The port also fulfills its responsibilities in terms of strategic and humanitarian support for the entire region. Finally, no exceptional events have disrupted the port's activities in 2022 and 2023.

The calculation methods used by the experts in this report seem to distort the reality of the port industry. Other world-class ports with high traffic density are downgraded in the "ranking" to the detriment of ports with significantly lower traffic.

Furthermore, for perplexing reasons, the Port of Djibouti – considered the best port in sub- Saharan Africa for three consecutive years by the same report – no longer appears in this region and has been "moved" to a "West, Central, and South Asia" region which covers an area from Saudi Arabia to Bangladesh.

In any case, our commitment remains unchanged. Last year, as in previous years, the Djibouti Container Terminal (SGTD) continued to invest in its facilities and productivity, fulfilling its import-export missions for the entire region, as well as developing new activities such as transshipment. Four next-generation gantry cranes have been acquired for large-capacity vessels.

The Terminal is more competitive than ever. It is at the center of a comprehensive multi- modal and multi-port project, a major and long-term investment for the State of Djibouti. All these facilities serve global trade and our clients, including shipping lines, economic players, importers, and exporters.

1 LOGO

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Partnership with ANSER focuses on structuring and mobilizing financing Mechanism relies on phased funding tied to project...
Coris Bank International posted a 36% increase in net profit in 2025. The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Kenya has asked the World Bank for rapid emergency financing to cushion the economic shock from the war in Iran, Governor Kamau Thugge said...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval The bottleneck...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
04

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
05

Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...

Gabon Eurobond Due 2031 Posts Biggest Drop in a Year on IMF Budget Warning
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.