Jeddah: A third container terminal capable of handling the largest box ships currently under design and with a capacity of 2m TEUs a year is to be built in Jeddah (pictured), according to Middle East press reports. The $440m facility, in which Malaysia's Seaport Terminal which built the Port of Tanjung Pelepas will hold a 20% stake, is likely to open in 2010, three years after the commencement of dredging work in mid 2007, according to Qatar newspaper, the Peninsula.
The new terminal will have water depth alongside of 18 metres, a marshalling area of 400,000 metres² and super post-panamax cranes capable of handling ships in excess of 14,000 TEUs. The Saudi Port Authority has licensed port developer Saudi Trade & Export Development Company to undertake the project which, it is hoped, will enhance Jeddah's position as a regional container hub. The new terminal will be built on reclaimed land in the re-export zone of Jeddah Islamic Port and, it is hoped, will provide a valuable addition to the imminent Saudi Land Bridge Project aimed at improving intermodal container-handling efficiency. [15/01/07]
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