OECS Ports : An Efficiency and Performance Assessment

Handling charges in Caribbean ports are two to three times higher than in similar ports in other regions of the world. In some cases, it costs significantly less to ship a container to Hong Kong SAR, China, or Europe than it does to ship to a neigh...

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Bibliographic Details
Main Authors:	Cubas, Diana, Briceno-Garmendia, Cecilia, Bofinger, Heinrich C.
Format:	Publications & Research
Language:	English en_US
Published:	World Bank Group, Washington, DC 2015
Subjects:	AIR AIR TRANSPORT AIRPORTS AUTOMOBILES BERTH BERTH WAITING TIME BERTHING BERTHS BIGGER SHIPS BOXES BREAK BULK BULK CARGO BUS BUS TERMINAL CAR CARGO BERTHS CARGO CAPACITY CARGO HANDLING CARGO OPERATIONS CARGO SHIP CARGO SHIPS CARGO TRAFFIC CARGO VESSELS CARGO VOLUMES CARRIER CARRIERS CHANNELS CONGESTION CONTAINER OPERATIONS CONTAINER SHIP CONTAINER SHIPPING CONTAINER SHIPS CONTAINER SIZE CONTAINER TERMINAL CONTAINER THROUGHPUT CONTAINER TRAFFIC CONTAINER VESSELS CONTAINER YARD CONTAINERIZATION CONTAINERIZED CARGO COST OF TRANSPORT CRUISE SHIPS CUSTOMS DREDGING DRIVING DRY BULK EMPTY CONTAINERS FERRIES FERRY FINANCIAL EFFICIENCY FREIGHT FREIGHT RATES FREIGHT TRAFFIC FUEL INFRASTRUCTURE DEVELOPMENT INSPECTION INTERNATIONAL AIRPORT INTERNATIONAL TRADE LIFTING LINER SERVICES LIQUID CARGO LOAD FACTORS LOADING LOGISTICS CHAIN LONGSHOREMEN MANIFESTS MARINE TERMINALS MARITIME LOGISTICS MARITIME TRADE MARITIME TRAFFIC MARITIME TRANSPORT NUMBER OF CONTAINERS PACKAGING PANAMA CANAL PASSENGER PASSENGER TRAFFIC PASSENGERS PIERS PORT ACTIVITIES PORT AREAS PORT AUTHORITY PORT CAPACITY PORT CHARGES PORT DEVELOPMENT PORT EFFICIENCY PORT EMPLOYEES PORT EXPANSION PORT FACILITIES PORT FEES PORT FUNCTIONS PORT INFRASTRUCTURE PORT INVESTMENTS PORT MANAGEMENT PORT OPERATIONS PORT PERFORMANCE PORT PRODUCTIVITY PORT SECTOR PORT SERVICES PUBLIC PARTNERSHIP RAIL REGULATORY AGENCIES REGULATORY FRAMEWORK RESTRICTIONS RISK MANAGEMENT ROAD ROUTE ROUTES SHIP HOUR SHIP OWNERS SHIPMENTS SHIPPERS SHIPPING SHIPPING AGENTS SHIPPING LINE SHIPPING LINES SMALLER PORTS STEVEDORES STEVEDORING STRADDLE CARRIERS STREAMS TERMINAL AREA TERMINAL OPERATIONS TEU TOLL TONNAGE TRADE FACILITATION TRADE ROUTES TRAFFIC TRAFFIC MANAGEMENT TRAFFIC PATTERNS TRAFFIC VOLUMES TRAILS TRANSFER HUBS TRANSPARENCY TRANSPORT TRANSPORT AUTHORITIES TRANSPORTATION TRANSPORTATION COSTS TRANSSHIPMENT TRIP TRUCKS TRUE VEHICLES VESSEL CALLS VESSEL TRAFFIC WAREHOUSES WAREHOUSING WHARF
Online Access:	http://documents.worldbank.org/curated/en/2015/01/23776217/oecs-ports-efficiency-performance-assessment http://hdl.handle.net/10986/21379

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Summary:	Handling charges in Caribbean ports are two to three times higher than in similar ports in other regions of the world. In some cases, it costs significantly less to ship a container to Hong Kong SAR, China, or Europe than it does to ship to a neighboring island no more than 100 miles away. The reasons for high port-handling costs are linked to procedural inefficiencies along the logistics chain, high freight rates that shipping lines attribute to empty backhauls, and the poor performance of port management and operations. The Organization of Eastern Caribbean States shares the larger Caribbean region's advantages, challenges, and concerns related to the performance of port management and operations. Yet performance assessments have been difficult to make because of data constraints. This report seeks to provide such an assessment along four distinct policy dimensions: (i) traffic development, (ii) the institutional and regulatory framework, (iii) infrastructure development, and (iv) performance, including pricing and finance issues. The report concludes by benchmarking the efficiency of Organization of Eastern Caribbean States ports against other Latin American ports using a stochastic frontier approach, and providing a list of next steps for further research and policy prioritization. To make the current analysis possible, a rigorous exercise in the collection of primary data was conducted, using standardized templates adapted specifically to the Organization of Eastern Caribbean States context. The collection of data proved to be particularly difficult on financial and performance metrics, since many of the ports lack strong statistical systems and institutions.

OECS Ports : An Efficiency and Performance Assessment

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