The Port recorded a 6.69 percent increase in TEU
King Abdullah Port has recently announced the details of its improved performance regarding the container shipping operations during the first half of 2022.
Throughout the six-month period between January and June, the port handled a total of 1,502,720 twenty-foot equivalent units (TEU), an increase of 6.69 per cent compared to the same period last year.
The announcement of the most recent container transshipment figures in H1 2022 indicated an upward trend of growth for King Abdullah Port, which operates within King Abdullah Economic City (KAEC).
In May of this year, the port reached a milestone of handling 15 million TEU in a record amount of time since container terminal operations started nine years ago. The port’s most recent increase in H1 2022 follows a 31 per cent rise in container import and export during 2021.
“We are proud of King Abdullah Port’s performance during the first half of 2022 and look forward to continuing our role to position Saudi Arabia as a leader in the global logistics market,” commented Jay New, CEO, King Abdullah Port.
In 2021, the port was awarded the title of the most efficient port globally according to a global index developed by The World Bank and S&P Global Intelligence, demonstrating the port’s commitment to the continual improvement of its services.
Featuring superior infrastructure and 18-meter-deep berths, King Abdullah Port remains a key strategic facility to enable the Kingdom of Saudi Arabia’s ambitions of becoming a leading provider of logistics internationally.
Owned by the Ports Development Company, King Abdullah Port is the region’s first port to be owned, developed, and operated by the private sector. The port emerged as one of the world’s top 100 ports within four years of operation.
Strategically located on the coast of the Red Sea in King Abdullah Economic City (KAEC), King Abdullah Port is the Middle East’s first privately owned, developed, and operated port.