SIMIC

"The main barriers cited by the ports were the legal framework in their countries or regions and persuading the multiple private-public stakeholders to collaborate, not the technology" said the IAPH communique issued with the World Bank.

The World Bank and the IAPH reports said it shows that better digital collaboration between private and public entities across the maritime supply chain will result in significant efficiency gains, safer and more resilient supply chains and lower emissions.

Said World Bank vice president Makhtar Diop: "Inefficiencies result in delays and higher logistics costs. Digitisation gives us a unique chance to address this issue. Beyond immediate benefits, digitisation will help countries participate in the global economy and lead to better development outcomes."