King Abdullah Port registered a 7% rise in container volumes last year, handling over 2.15m teu, owing to a strong boost in imports at the Red Sea hub.
The Saudi Arabian port, which is the region’s first port to be owned, developed and operated by the private sector, enjoyed a 16% increase in containerised imports while bulk and general cargo rose by 12% to 3.33m tonnes.
Amidst last year’s global challenges due to the COVID-19 pandemic, the port saw a 72% jump in imports of pharmaceuticals and medical supplies during the first eight months of 2020.
There was also a 15% increase in the imports of building materials, which helped meet the needs of Saudi Arabia’s building and construction sector.
Additionally, the port completed the handling and transportation of 3,200 tonnes of equipment for the Petro Rabigh Phase II upgrading, which involved special technologies and modern equipment.
During one particular week in 2020, the port successfully received three of the world’s largest container ships, catering to the mega ships with its 18 m-deep berths.
Fully owned by the Ports Development Company, King Abdullah Port is aiming to play a key role in Vision 2030, strengthening the country’s logistics competitiveness and contributing to increasing the volume of non-oil exports and diversifying Saudi Arabia’s sources of income.
Serving as the main Red Sea logistics hub for Maersk and MSC on their newest routes, the port sees its location as a link between the East and West, enabling it to play a prominent role in international shipping by supporting trade between different continents.
With a current capacity of 6m teu, ten of the largest shipping lines operate at the port, offering integrated services to importers and exporters.
It is located in King Abdullah Economic City, leveraging the city’s facilities and services, particularly the Industrial Valley, which has attracted many logistics projects as well as light and medium industries.