King Abdullah Port 36% jump in container volumes in 2018
Saudi Arabia’s King Abdullah Port continued its strong growth in the container sector last year with a 36% increase in volumes over 2017.
The port handled 2.3m teu in 2018 keeping up a strong growth trajectory having achieved a record 50% container throughput growth in the first half of the year. Transhipment was a major component of King Abdullah Port’s volumes accounting for 1.85m teu of the total volume for 2018, and up some 44% on the previous year.
The port saw 911 vessel calls in 2018 up 12% from 820 in the previous year.
King Abdullah Port ceo Rayan Qutub, said: We achieved a record 50% increase in container handling in the first half of 2018, and we are moving forward with our development plans to provide best practices in the fields of port development and operation as well as supporting logistical services.
“This will increase the Kingdom’s competitive advantage on the logistics services index, and in turn effectively contribute to achieving the logistical objectives of the Kingdom’s Vision 2030.”
Owned by Ports Development Co, King Abdullah Port is fully owned, developed, and operated by the private sector.
“King Abdullah Port constitutes a real success story in public-private sector partnerships in light of the increasingly outstanding figures it achieves year after year. The port has become the leading driver in the maritime shipping and logistics services sector in terms of building knowledge, launching initiatives and supporting various activities in this sector,” Qutub added.
Eight of the largest shipping lines operate at the port to offer integrated services to importers and exporters from the port, which is the second largest in Saudi Arabia in terms of container handling.
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