Benchmark and Competitive Analysis of Port Performances Model: Algeciras Bay, Rotterdam, New York-New Jersey and Tangier Med (Published)
In this research paper four sea ports namely, Tanger Med, Algeciras Bay, Rotterdam and New York-New Jersey has been taken into study to understand and evaluate their efficiency of operations and benchmark them. Port efficiency is the measure of amount of input and output and their ratio. Port efficiency is not solely dependent on port performance. The port performance strategies of the case ports were studied and efficiency variables were found through various literatures. To analyze input and output variables of the ports, efficiency software named Data Envelopment Analysis Program was used to find the most efficient ports. Then the variables for the most efficient ports were benchmarked and ranked. A hypothetical port efficiency model has also been suggested for better efficiency of the ports.
Keywords: Benchmark, DEA, Efficiency, Performance, Ports