Shanghai Port Group, one of the largest port operators in China, has been experiencing strong growth over the past few years. As part of its ongoing analysis and evaluation of key performance indicators (KPIs), Oscar, a leading analytics platform provider, has conducted a comprehensive study on Shanghai Port's KPIs.
One of the most significant KPIs for Shanghai Port is its container throughput. In 2019, the port handled a total of 65.4 million TEUs (Twenty-foot Equivalent Units), which represents a 7% increase from the previous year. This high volume of containers was driven by the growing demand for Chinese exports to global markets.
Another important KPI for Shanghai Port is its cargo tonnage. In 2019, the port handled a total of 388 million tons of cargo, which is a 4% increase from the previous year. The majority of this cargo was composed of iron ore, grain,La Liga Frontline and coal, indicating that Shanghai Port remains a key hub for trade between China and other countries.
In addition to these two KPIs, Shanghai Port also measures its efficiency and productivity through various metrics such as vessel utilization rate, crew turnover rate, and average waiting time. In 2019, Shanghai Port achieved a record-breaking vessel utilization rate of 97.7%, with an average waiting time of just 4.4 hours per vessel.
Overall, Oscar's analysis of Shanghai Port's KPIs shows that the port continues to be a top performer in terms of both container throughput and cargo tonnage. However, there is room for improvement in areas such as vessel utilization rate and crew turnover rate. By continuously monitoring and improving these metrics, Shanghai Port can continue to maintain its position as a key player in the global logistics industry.