The Port of Valencia has moved two places up UNCTAD’s Liner Shipping Connectivity Index to become the fourth best connected port in Europe and 21st worldwide.
In a statement, Valenciaport said the news reinforced the port’s position as the leading hub for goods in Spain. The table was drawn up by UNCTAD to reflect the bets connected ports in the second quarter of 2020.
In the European sphere, the Port of Valencia has moved up two places in the ranking compared to 2019, when it was in the sixth position, surpassing Piraeus and Bremen, and in June 2020 it was in fourth position behind Rotterdam, Antwerp and Hamburg.
Valenciaport said the index is a fundamental value for the competitiveness of the Port of Valencia as better connectivity allows companies to access a greater number of markets, in less time and in a more efficient manner.
The index is decided by a number of factors, such as the number of shipping companies operating at the port, average TEU capacity of vessels calling there and the amount of other ports it is directly connected to.
Additionally, it said the port’s progress demonstrates its commitment, as a facilitator of commercial exchange, to designing a port policy that strengthens its connectivity by adapting its infrastructures and services to the needs of the market, with the aim of attracting the greatest number of shipping companies and shipping lines.
The world ranking is led by the main Asian ports, with Shanghai at the top of the world ranking followed by the ports of Singapore, Ningbo, Busan and Hong Kong.
In seventh and eighth position are the leading European ports, Rotterdam and Antwerp, respectively, while Hamburg as the third European port is in 14th place. With regard to the Spanish ports, after Valencia which is in 21st position, are Algeciras (23) and Barcelona (24).