Saudi Exchange approves Morgan Stanley Saudi Arabia as Market Maker on eight listed securities    Syria forms independent commission to investigate Latakia and Tartus violence    King Faisal University registers 631 patents in 2024    Princess Haifa hands credentials to French president as ambassador to Andorra    Saudi Arabia enhances security and services at Prophet's Mosque during Ramadan    Saudi Arabia's GDP grows 1.3% in 2024, driven by non-oil sector expansion    Saudi Awwal Banks becomes first bank in Saudi Arabia to win Sustainability Program Award 2024 at Capital Markets Forum    Saudi Arabia spends $724 million to implement 1,072 projects to empower women in 79 countries    Israeli army arrests 16 Palestinians in fresh West Bank raids    South Korea's political crisis deepens as rival protests erupt over impeached President    Al-Ahsabah Valley: A scenic retreat in Al-Baha    World Bank estimates Lebanon needs $11 billion for economic recovery and reconstruction    Al Shabab stuns 10-man Al Nassr with late equalizer; Al Hilal closes gap at the top    Saudi taekwondo star Dunia Abu Talib wins IOC gender equality award for Asia    Mitrović returns to boost Al Hilal ahead of crucial clashes, Savić sidelined    Kanté rescues Al Ittihad with last-gasp equalizer against Al Qadsiah    Real-life shipwreck story wins major book award    Islamic Arts Biennale celebrates Ramadan with 'Biennale Nights' in Jeddah    Nora Razian and Sabih Ahmed appointed artistic directors for 2026 Diriyah Contemporary Art Biennale    UK death rate 'reaches record low'    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    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    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.



KSA set to become region's new logistics hub
Published in The Saudi Gazette on 20 - 12 - 2016

King Abdullah Port was an associate sponsor and a leading participant in the recently held TOC Middle East, a major regional and global event in maritime shipping, ports and terminal operations.
TOC Middle East was held in Dubai and was attended by representatives of the region's ports and terminals managements, in addition to key personnel of the maritime transportation industry.
King Abdullah Port had its own booth at TOC Middle East, where visitors were introduced to the port's latest achievements and the stages of development it has reached, as well as its various services offered and technologies employed. The exhibition booth's staff witnessed a remarkable interaction from visitors who showed great interest in the port's innovative work system.
"TOC Middle East is undoubtedly one of the most important annual events that we are keen to participate in," said Abdullah Hameedadin, Managing Director of the Ports Development Company, owner and developer of King Abdullah Port.
"We consider this event an ideal opportunity for us to cooperate and exchange knowhow and expertise with other ports and professionals in the maritime transportation industry. It also helps bolster the Kingdom's standing as a leading provider of shipping and logistics solutions on a global level. Events like this are vastly important not only in terms of King Abdullah Port's growth and prosperity, but to the industry at large."
King Abdullah Port's presence at TOC Middle East was boosted by the attendance of Neville Bissett, General Manager of the Ports Development Company, who took part in a session titled "Latest on Regional Port & Terminal Development," which had been held as part of the Container Supply Chain Conference. In his presentation, Bissett gave an overview of King Abdullah Port as one of the Middle East's biggest infrastructure megaprojects. He also outlined the value it is set to add to the regional and global maritime transportation industry. He underlined Saudi Arabia's strategy of integration between the public and the private sector, and the competitive edge the Kingdom is set to gain by becoming the region's new logistics hub.
He pointed out that the rise in the port's annual throughput is expected to top the 1.27-million-container throughput it had achieved in 2015 by the end of this year, which will be quite an achievement given the challenges faced by the market and a slowing down of global economic growth.
"Work is underway to finalize the first phase of the 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 by the beginning of 2017," Bissett noted.
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. — SG


Clic here to read the story from its source.