Al Khaleej stuns Al Hilal with 3-2 victory, ending 57-match unbeaten run    Turki Al-Sheikh crowned "Most Influential Personality in the Last Decade" at MENA Effie Awards 2024    Saudi Arabia arrests 19,696 illegals in a week    SFDA move to impose travel ban on workers of food outlets in the event of food poisoning    GACA: 1029 complaints recorded against airlines, with least complaints in Riyadh and Buraidah airports during October    CMA plans to allow former expatriates in Saudi and other Gulf states to invest in TASI    11 killed, 23 injured in Israeli airstrike on Beirut    Trump picks billionaire Scott Bessent for Treasury Secretary    WHO: Mpox remains an international public health emergency    2 Pakistanis arrested for promoting methamphetamine    Move to ban on establishing zoos in residential neighborhoods    Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Saudi Arabia and Japan to collaborate on training Saudi students in Manga comics Saudi Minister of Culture discusses cultural collaboration during Tokyo visit    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Increase of King Abdullah Port's Annual Throughput to 1.4 Million TEU by the end of 2016
Published in Alriyadh on 11 - 01 - 2017

King Abdullah Port announced the increase of its annual throughput to 1.4 million TEU by the end of 2016, representing an increase of around 8% compared to 2015. The annual throughput increase comes despite the challenges facing the markets and the slowdown of global economic growth. In addition, King Abdullah Port announced receiving 729 vessels in 2016 compared to 637 vessels in 2015.
With the completion of the infrastructure works for Berth 5 and Berth 6, the King Abdullah Port's annual capacity increases to 4 million TEU after making preparations and operation of the two new berths that will begin in 2017, providing greater competitiveness and further access to the most important trade capitals in the region and the world.
"King Abdullah Port is looking forward to a bright future and is taking steady steps towards becoming a prime East-West hub on the main trade route between Asia and Europe, especially that around 30% of world trade volume, apart from crude oil and petroleum products, pass through the Red Sea," commented Eng. Abdullah Hameedadin, Managing Director of the Ports Development Company, owner and developer of King Abdullah Port. "The completion of construction of the two new berths is part of the strategic expansion plans aiming at increasing the capacity and strengthening the port's position on the regional and global maritime map, which confirms the important role expected from King Abdullah Port and the private sector in general to contribute to achieving Saudi Vision 2030," he added.
In the past three years, since King Abdullah Port started operations in 2014, it has managed to significantly strengthen its capacity and achieve major accomplishments in terms of the project evolution in general and the operations taking place in it. King Abdullah Port was also able to establish partnerships with the largest container shipping companies such a Maersk Line, MSC and CMA CGM.
The management of King Abdullah Port expects the completion of the first phase of bulk cargo terminals with a capacity of three million tons, in addition to the RORO (roll-on/roll-off) terminals with a capacity of 300,000 CEU to be ready this year. This comes after King Abdullah Port had previously signed an agreement with NYK Group, the leading automotive shipping line and logistics provider, for operating the ROROterminal.
Run by the Ports Development Company, King Abdullah Port is the Kingdom's first port to be fully owned, developed and operated by the private sector. With its strategic location and state-of-the-art technologies, all managed by national and global experts who strive to offer the best possible services, King Abdullah Port has earned its place at the heart of the world's major shipping lines, all within a solid plan that will bring to reality its vision of becoming one of the largest ports in the world.


Clic here to read the story from its source.