The Port of Bridgetown has captured the 2020 Novaport Cup for Most Improved Port Performance, emerging the winner among nine regional competing ports.
The award was announced during the 23rd Annual General Meeting of the Port Management Association of the Caribbean (PMAC), held virtually on November 24 and 25.
Chief Executive Officer of the Barbados Port Inc. (BPI), David Jean-Marie, said: “This accomplishment for us validates the progress we have made during the past year in effecting initiatives aimed at enhancing our performance and efficiency. We have been working closely with our partners to improve local logistics, as well as the experience of doing business at the Port as part of our commitment to trade facilitation enhancement.”
He further noted that the award confirmed the Port’s progress in the areas, and certified that the organisation made significant strides in improving productivity and management of resources to maximise revenues.
“Of course, none of this could have been achieved without our employees and we are especially proud and appreciative of the efforts they have extended over the past year,” Mr. Jean-Marie said.
The PMAC assesses port performance annually based on five key performance indicators: total cargo volume; total revenue generated per revenue ton; total expenses per revenue ton; net profit per revenue ton; and total staff per revenue ton. The Port of Bridgetown stood out in three of the KPIs.
The BPI previously won Novaport Cup awards in 2010, 2011 and 2015. The Novaport Cup will be shipped from Florida to Barbados and will be kept for one year before being returned at the next PMAC Annual General Meeting.