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The North Carolina Ports Authority last week announced the Port of Wilmington earned the top spot on the 2022 Container Port Performance Index, making it the most productive port in North America.
The port also ranked 44th globally, according to the index produced by the World Bank and S&P Global Market Intelligence, port officials said in a press release. A total of 348 ports were evaluated.
In 2021, the port ranked fourth on the North America list, and 49th on the global list.
This is the third year that the index has measured global port efficiency. Ratings are determined using the time vessels spent in port to complete workloads throughout 2022, port officials said.
Over the past five years, the port authority has invested more than $356 million in infrastructure improvement projects at its facilities, including a new container gate complex, container yard expansion, turning basin expansion and harbor deepening, and berth renovation and expansion.
The ranking is "proof that our critical infrastructure improvements have allowed us to maintain our best-in-class vessel productivity, exceed industry standards and deliver on our mission to enhance the economy of North Carolina," said North Carolina Ports Authority Executive Director Brian Clark.