The annual throughput of Saudi Arabia’s King Abdullah Port increased to 2,301,595 TEUs by the end of 2018, an increase of more than 36% compared to 2017, maintaining its position as the second largest port in the Kingdom in terms of container handling.
Since its inception in the last quarter of 2013 the number of containers handled by the port has reached 7,227,859 TEUs. The port’s management states that the annual increase in throughput was primarily achieved in conjunction with an 8% increase in imports and exports compared to 2017.
The results achieved by King Abdullah Port in 2018 include an increase in transshipment volume reaching 1,847,569 TEUs, which is a 44% increase compared to 2017. Meanwhile, the number of vessels received by the port increased to 911 vessels, a 12% increase compared to 820 vessels in 2017.
King Abdullah Port aspires to support the Kingdom’s economic development and enhance its competitiveness by increasing the efficiency of logistics services and supporting trade movement between the Kingdom and the rest of the world in line with Vision 2030. The latter would occur through the provision of state-of-the-art infrastructure and advanced logistics services to become a landmark on the maritime and logistics services map in the Kingdom and the region,
…commented King Abdullah Port CEO Mr. Rayan Qutub.
The port features 18-meter water berths, which are the deepest in the world, and the world’s largest and most advanced cranes, which employ the latest technology and feature a 65-ton lifting capacity as well as a handling capacity of 25 containers.
Owned by the Ports Development Company, King Abdullah Port is the region’s first port to be fully owned, developed, and operated by the private sector.