Filter content by area of interest
Ports & Terminals
Port AuthoritiesContainerBulkBreakbulk/General CargoRo-Ro/AutomotiveGTOs
Cargo Handling Equipment
STS CranesYard CranesMobile CHERo-Ro EquipmentBreakbulk EquipmentLow ThroughputBulk Handling Equipment
Shipping & Logistics
Container ShippingBreakbulk/General CargoRo-Ro ShippingDry Bulk ShippingLiquid cargoesLogistics
ICT
TOSPlanning & Optimisation TechnologyWiFiMobile ComputingPort Community SystemsAsset Tracking & Monitoring
Automation
Automated EquipmentGate AutomationRemote ControlProcess Automation
Multimodal
RailInland WaterwaysShortsea ShippingRoadAir-Cargo
Container Industry
Container manufactureContainer leasingRepair/StorageTradingConversion/Innovation
Refrigeration
Operations/TransportContainer leasingEquipmentM&R/Storage
Breakbulk
General cargoProject Cargo/Heavy LiftForest productsRo-Ro/AutomotiveAgribulks
Safety & Security
InsuranceHazardous cargoLashings/SecuringLegal/Regulatory
Civil Engineering
Port & terminal construction/designCivil & Consulting EngineersDredging & ReclamationMooring & FenderingLightingPaving & Surfacing
Environment
Business
InsuranceLegal/RegulatoryAppointments/PeopleMergers/Acquisitions/RestructuringFinance/Financial ResultsTrade & Professional AssociationsBusiness/Commerce Miscellaneous
 View all Topics View all Topics A-Z
More View all Topics View all Topics A-Z

You are viewing 1 of your 1 guest articles


register  or  login  for full access to online news

King Abdullah Port hits new record

Underpinned by MSC’s business, throughput jumps 36% to 2.3M TEU.

 

Linked InTwitterFacebookeCard

King Abdullah Port (KAP), which is located just north of Jeddah on Saudi Arabia’s Red Sea coast, achieved another record trading performance in 2018. Its box throughput soared by 36% to 2.3M TEU with transhipment (+44% to 1.85M TEU) the fastest growing sector of the port’s business.

 

MSC is KAP’s largest customer and last year saw the Switzerland-based carrier further expand its network of services routed to/from the port. Moreover, MSC’s sister company Terminal Investment Ltd manages the container-handling facilities on behalf of Ports Development Company, which owns the port. It is Saudi Arabia’s first port to be fully owned, developed, and operated by the private sector.

 

It is this factor that Rayan Qutub, CEO of KAP, believes has been responsible for its success. “KAP constitutes a real success story in public-private sector partnerships in light of the increasingly outstanding figures it achieves year after year,” he said. “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.”

 

He stressed that following another successful year, which put the port among the fastest growing in the world, developments would continue with new ro-ro and dry bulk facilities due to come on stream.

 

“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,” explained Qutub. “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.”

 

KAP handled its first ship in Q4 2013.

Linked InTwitterFacebookeCard

You may also be interested in...

JV boost for Shanghai

Sibre/EMG for ADT

VTG introduces rCE Powerpack

China and Nepal agree transit trade deal

Chinese operators march offshore

Primorsk development plan

Related Stories

Scotland-Eemshaven ro-pax link?

Plans are being hatched for a direct ferry service between Rosyth, near Edinburg...

UK government makes £9M available to assist ports' Brexit preparations

An extra £9M will be made available to ensure local areas and major ports are re...

Conti withdraws from Anaklia development

Conti International has withdrawn from the Anaklia Development Consortium (ADC),...

Successful listing for Napier Port

Napier Port raises in NZ $240M in partial stock market listing IPO.
Linked In
Twitter