CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to UNCTAD’s port liner shipping connectivity index, which port has been ranked as the best connecting port in the world?
A
Singapore
B
Shanghai
C
Rotterdam
D
Qingdao
Explanation: 

Detailed explanation-1: -Figure 3 illustrates the correlation between the two measures “degree” and “betweenness”. Under the measure “degree”, Shanghai is the best-connected port in 2020 with 288 direct connections, followed by Busan (274 direct connections), Antwerp (268) and Rotterdam (264).

Detailed explanation-2: -Liner Shipping Connectivity Index score indicates how well countries are connected to global shipping networks based on the status of their maritime transport sector. The highest value in 2004 is 100. The Liner Shipping Connectivity Index captures how well countries are connected to global shipping networks.

Detailed explanation-3: -Port connectivity may be defined as an indicator of how well a port connects to other ports in a maritime network.

Detailed explanation-4: -Generally, the higher port connectivity is, the more attractive it is to facilitate cargo transportation and reduce transportation costs and time. Port connectivity is very complex, and it will be more useful if analysed from more perspective by using comprehensive analysis.

Detailed explanation-5: -The dataset presents the liner shipping bilateral connectivity index (LSBCI), which indicates a country pair’s integration level into global liner shipping networks. The LSBCI is an extension of UNCTAD’s country-level Liner Shipping Connectivity Index (LSCI) and based on a proper bilateralization transformation.

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