Ronaldo expresses joy celebrating Saudi Founding Day with Crown Prince at Saudi Cup 2025    Volvo returns to Saudi Arabia with Electromin — a bold step toward a sustainable future    Saudi Arabia implements new personal status regulations    Riyadh begins installing nameplates honoring Saudi imams and kings in 15 major squares    Israel delays Palestinian prisoner release as military escalates West Bank operations    Zelenskyy aims for 'just peace' with Russia by 2025, says Ukraine's foreign minister    Germany votes in landmark election as conservatives lead in polls    Trump defends foreign aid freeze, calls USAID a 'left-wing scam'    Bergwijn, Benzema lead Al-Ittihad to dominant 4-1 Clasico win over Al-Hilal    Saudi U-20 team secures spot in 2025 FIFA U-20 World Cup with last-minute winner over China    PIF seeks to expand US investments despite restrictions, says governor Al-Rumayyan Saudi sovereign fund launched 103 companies across 13 sectors, aims to attract more foreign talent to Saudi Arabia    Saudi minister holds high-level talks at FII Miami to boost AI, tech, and space partnerships    Saudi Media Forum concludes with key industry partnerships and award recognitions    Al-Ettifaq stuns Al-Nassr with late winner as Ronaldo protests refereeing decisions    Imam Mohammed bin Saud: The founder of the First Saudi State and architect of stability    'Neighbors' canceled again, two years after revival    Proper diet and healthy eating key to enjoying Ramadan fast    Saudi Media Forum panel highlights Kingdom's vision beyond 2034 World Cup    AlUla Arts Festival 2025 wraps up with a vibrant closing weekend    'Real life Squid Game': Kim Sae-ron's death exposes Korea's celebrity culture    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    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.



Kingdom plans more seaport terminals as economic activity rises
Published in The Saudi Gazette on 09 - 07 - 2011

The Saudi Global Ports, a joint venture company formed by the Public Investment Fund of Saudi Arabia and Singapore port operator PSA International Ltd., had been awarded a contract to develop, operate and manage a second container terminal at the King Abdul Aziz Port in Dammam, a key gateway port on the Arabian Gulf.
The SR2 billion agreement to build the new terminal will add 1.5 million TEU (twenty-foot equivalent units) to raise the capacity of the port to 3 million TEU, Saudi Press Agency said.
The Kingdom currently has nine ports, five on the Red Sea and four on the Gulf, with around 200 docks.
The Kingdom may spend more than $613 million, Saudi Transport Minister Jabarah Al- Suraisry said.
"All ports are subject now to expansion. We are investing now SR2.3 billion ($613 million) for projects in all the ports and we always continue increasing, particularly the industrial ports in Yanbu and Jubail," he said last month.
"The next budget will be coming in five or six months and we will see more projects," he said, without giving more details.
Suraisry said he believed that despite the downturn in the global economy, the Jeddah Islamic Port will see at least a 5 percent increase in traffic this year.
JIP handled 3.9 million TEU in 2010, according to data from the Saudi Ports Authority.
A port catering to grains imports is to be built by the private sector over the next two to three years, Suraisry said.
"The intention is for the government to provide the land and the private sector to construct the project," he said, adding that Saudi investors had shown interest in the project.
The SGP terminal will be equipped with the latest equipment and technology to serve the fast growing economy of the Kingdom and the regional economies.
The construction of a new terminal indicates the strength of the Saudi economy.
Saudi Arabian maritime transport investments are expected to reach $50 billion, Gulf Capital CEO Issa Al-Hamadi said in May. "It is possible to estimate that investment in this field will be no lower than $50 billion across all its activities."
Linked to the development of the mining and oil industries, maritime transport has immense potential for growth in the Kingdom, he said.
When the new SGP terminal is fully built up and developed, it will have a quay length of 1,200 meters and 12 quay cranes, with a design capacity of 1.8 million twenty-foot equivalent units (TEUs) per annum.
PSA's Group CEO Eddie Teh said: "Dammam represents PSA International's first port infrastructure project in the Kingdom of Saudi Arabia and the Arabian Gulf. We will work closely with our partner and Saudi Ports Authority to transform the Saudi Global Ports terminal into the preferred port of call to support the high trade growth and business activities in the region."
President of the Saudi Ports Authority Engineer Abdulaziz Al-Tuwaijri was quoted as saying recently that the (Saudi) ports were not to reach this high level of standards "if it is not for the support of God and then the support that ports receive from the Government of the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince and Second Deputy Premier."
He made the remarks when the giant container ship (CSCL STAR) docked at the Red Sea Gate Container Terminal last month. CSCL STAR is one of the largest container ships in the world with a total load of (14.100) TEU, a length of 366 meters, a draft of (15.5) meters, width of (51.2) meters (22-23 containers). It is also one of the latest giant container ships which was built in the arsenal of Samsung in South Korea, and it started operating last February.
CSCL STAR's first visit to the Jeddah Islamic Port confirms the confidence of global shipping lines in its distinguished operational capabilities.
Al-Tuwaijri noted that the visit of the ship to the Jeddah Islamic Port "emphasizes the importance of this port and shows the capabilities that are available in the three container terminals which are fully equipped with the cutting-edge technologies and handling equipment."
The container terminal at the Red Sea Gate was carried out by the private sector with investments amounting to SR2 billion.


Clic here to read the story from its source.