KING ABDULLAH PORT WINS RECOGNITION AWARD FOR MOST ADVANCED PORTS DURING ITS PARTICIPATION IN THE GLOBAL INFRASTRUCTURE CONGRESS

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Qutub: The award is a culmination of our efforts in realizing Vision 2030

Dubai, April 2018: King Abdullah Port has concluded its participation in the Global Infrastructure Congress by winning the Recognition Award for most advanced ports. The award was presented during the closing ceremony of the conference, which was recently held at the Grant Hyatt Dubai hotel under the patronage of HE the Emirati Minister of Infrastructure Development Dr. Abdullah B. Al Nuaimi, and in partnership with the Ministry, the Federal Transport Authority – Land & Maritime and the Sheikh Zayed Housing Programme.

Mr. Rayan Qutub, CEO of King Abdullah Port, stated: “The award represents a culmination of the port’s efforts in realizing Vision 2030 as a key player in the maritime shipping and logistics sector.” He extended his thanks and appreciation to HE Al Nuaimi for “the valuable award, which reflects the status the port has reached after only five years of operation.”

The award came in recognition of the port’s efforts in innovating new, distinguished practices in the port sector, in addition to providing world-class ideas, initiatives and projects that contribute to empowering and delivering sustainable and ready-to-use infrastructure solutions. It was announced that King Abdullah Port had won among more than 100 participants.

On another note, King Abdullah Port participated in the Port and Marine Infrastructure Forum, which was attended by a crowd of representatives from ministries, port authorities, private sector developers, and industry actors. Qutub delivered a detailed presentation on the port’s latest developments in regards to infrastructure and operations during a session titled “Global Perspectives and Best Practices”.

As of the end of 2017, King Abdullah Port has become the second largest port in the Kingdom in terms of container handling, and it was recently ranked the eighth fastest growing port in the world in 2017 according to Alphaliner, the global leader in analyzing maritime transport data, port capabilities and the future of vessels and shipping route development. In a related context, King Abdullah Port moved up to 87th place among the world’s 100 biggest container ports for 2017, after ranking 98th in 2016.

Run 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. It has been listed as the fastest growing container port in the world and one of the world’s top 100 ports after less than four years of operation. Eight of the largest shipping lines work at the port; offering integrated services to exporters and importers. The port’s development plan is proceeding at a steady pace with a clear vision to become one of the world’s leading ports, benefitting from its advanced facilities and proximity to the bonded and re-export zone and the logistics park, to offer clients logistical support that can enable them to achieve their desired growth.

KING ABDULLAH PORT IS THE EIGHTH FASTEST GROWING PORT IN THE WORLD AND THE SECOND LARGEST IN SAUDI ARABIA

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Qutub: The new ranking is testament to our achievements in logistics as part of our contribution to Vision 2030

KING ABDULLAH ECONOMIC CITY, April 2018: King Abdullah Port landed the eighth spot among the world’s fastest growing ports for 2017, according to Alphaliner, the global leader in analyzing maritime transport data, port capabilities and the future of vessels and shipping route development. The new ranking comes after King Abdullah Port had previously announced a 21% increase in its annual throughput in 2017, making it the second largest port in the Kingdom in terms of container handling.

In a related context, King Abdullah Port moved up to 87th place among the world’s 100 biggest container ports for 2017, after ranking 98th in 2016.

“The new ranking is testament to our achievements in logistics as part of our contribution to Vision 2030,” said Mr. Rayan Qutub, CEO of King Abdullah Port. “It also highlights King Abdullah Port’s steady growth thanks to the unlimited support the port receives from its partners in the public and private sectors, such as the outstanding efforts of the Saudi Customs, the General Directorate of Border Guards, the Economic Cities Authority and other government sectors operating in the port, which are undoubtedly key players in the honorable achievements accomplished in a short period of time. Their support significantly enhances King Abdullah Port’s role in driving the national economy through the provision of integrated logistics that contribute to the Kingdom’s competitiveness and its aim to become a leading logistics platform in the world.”

Qutub went on to say: “We definitely take pride in the position we are occupying, which adds to the Kingdom's achievements and mirrors the Kingdom's outstanding position in the global maritime transportation industry and the increasing volume of sea freight to and from Saudi ports, which aligns with the objectives of Vision 2030.”

King Abdullah Port has achieved significant development and growth over the last few years, making the port a pioneer in activating a 24-hour container inspection initiative and reducing the dwell time of incoming containers to 4.5 days in a clear indication of the port’s high efficiency.

King Abdullah Port features the world’s deepest 18-meter water berths and state-of-the-art processing facilities. Its container terminals feature the largest cranes in the world, using the latest technology, with a span of 25 containers and a capacity of 65 tons, enabling the port to serve mega cargo ships now and in the future.

King Abdullah Port is the first privately owned, developed and operated port in the Kingdom of Saudi Arabia. It has been listed as the fastest growing container port in the world and one of the world’s top 100 ports after less than four years of operation. Eight of the largest shipping lines operate at the port, offering integrated services to exporters and importers. The port’s development plan is proceeding at a steady pace with a clear vision to become one of the world’s leading ports, benefitting from its advanced facilities and proximity to the bonded and re-export zone and the logistics park, to offer clients logistical support that enables them to achieve their desired growth targets.

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KING ABDULLAH PORT WELCOMES DELEGATION FROM THE NATIONAL INDUSTRIAL COMMITTEE

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Qutub: Our cooperation with the National Industrial Committee allows both sides to strengthen their role in supporting the Kingdom’s growth and development journey

King Abdullah Economic City, January 2018: Within the framework of promoting a strategy of cooperation with the participants in the country’s industrial system, King Abdullah Port, the first fully privately owned, developed and operated port in the Kingdom and the Middle East, welcomed a delegation from the National Industrial Committee (NIC) in the Council of Saudi Chambers. The delegation included NIC Chairperson Eng. Osama A. Al Zamil and its members.

The delegation was welcomed by Mr. Rayan Qutub, CEO of King Abdullah Port, along with other officials of the port. At the end of the visit, each side announced the appointment of a communications officer for activating cooperation between both parties; with the goal to achieve a partnership that can contribute to supporting national industry within King Abdullah Economic City, represented by King Abdullah Port.

Commenting, Mr. Qutub stated: “We are honored to welcome the Chairperson of NIC and his accompanying delegation. This visit has been a good opportunity to introduce the delegation to King Abdullah Port and review the prospects of partnership and cooperation between both sides, which provides us with the support to enhance our contribution to local and international logistics industries and better contribute to achieving the goals of the Kingdom’s Vision 2030.”

“King Abdullah Port is the latest mega infrastructure project in the Middle East. Built to state-of-the-art specifications, it was designed and implemented to cater for the Kingdom’s economic and commercial growth for decades to come,” Qutub added. He also noted that King Abdullah Port “Seeks to play a complementary role with all relevant entities, including the industrial sector, represented by NIC, allowing for the support of the Kingdom’s growth and development journey.”

Adding his comments, Eng. Al Zamil stated: “We are delighted with our visit to King Abdullah Port and the hospitality given to us. We have seen the massive efforts of the port’s team and we believe there are great cooperation opportunities between us that can positively contribute to the growth of the Kingdom’s industrial sector.”

Vision 2030 has dedicated one of its programs to advancing national industries and logistics services with the goal to develop domestic production and exports in the fields of mining, energy, technology, robotics and others. This includes improving the infrastructure and developing the logistics services necessary for making the Kingdom an industrial and logistics platform between Asia, Africa and Europe.

Earlier this month, King Abdullah Port announced a 21% increase in its annual throughput in 2017; becoming the second largest port in the Kingdom in terms of container handling.

Run by the Ports Development Company, King Abdullah Port is the Middle East’s first port to be fully owned, developed and operated by the private sector. With its strategic location and state-of-the-art technologies, all managed by national and global experts who strive to offer the best possible services, King Abdullah Port has earned its place at the heart of the world’s major shipping lanes, all within a solid plan that will bring to reality its vision of becoming one of the largest ports in the world.

 

WITH AN ANNUAL GROWTH RATE OF 21%, KING ABDULLAH PORT IS THE SECOND LARGEST PORT IN THE KINGDOM

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Qutub: King Abdullah Port represents a real success story in public-private partnerships

King Abdullah Economic City, January 2018: King Abdullah Port has announced a 21% increase in its annual throughput compared to 2016, reaching 1,695,322 TEU by the end of 2017 and becoming the second largest port in the Kingdom in terms of container handling. Since operations started in the final quarter of 2013, the cumulative throughput reached 4,898,016 TEU. The port’s management stated that the increase in annual throughput was mainly due to the increased activity in imports and exports, amounting to an average of a 4% increase (exports at 3% and imports at 5%).

Commenting, Mr. Rayan Qutub, CEO of King Abdullah Port, said: “King Abdullah Port represents a real success story for public-private partnerships in the Kingdom in respect of Vision 2030, to which the port looks forward to significantly contributing to achieving its goals by supporting the Kingdom’s economic development journey and enhancing its competitiveness. This is done by increasing the efficiency of logistical services and supporting trade movement between the Kingdom and the world through the provision of state-of-the-art infrastructure and advanced logistical services.” He added: “The port’s success in reaching second place in container handling in the Kingdom after only four years of operations proves that we are confidently moving towards becoming a main hub on the maritime navigation and logistics map, both locally and regionally.”

Qutub went on to say: “We are moving forward with executing our development plans to utilize best practices in the field of developing and operating ports and logistics support services. This comes after King Abdullah Port was rated the fastest growing port in the world in an international study by Container Management magazine in 2015, in addition to earning a place on the list of the 100 largest container ports in the world, according to research conducted by two leading maritime and port information databases, Alphaliner and Lloyd's, in 2016.”

Some other numbers achieved by King Abdullah Port in 2017 are a 28% increase in transshipment volume compared to 2016, while the number of vessels received by the port increased to 820 vessels, with a 14% increase compared to 716 vessels received in 2016.

Run by the Ports Development Company, King Abdullah Port is the Middle East’s first port to be fully owned, developed and operated by the private sector. With its strategic location and state-of-the-art technologies, all managed by national and global experts who strive to offer the best possible services, King Abdullah Port has earned its place at the heart of the world’s major shipping lanes, all within a solid plan that will bring to reality its vision of becoming one of the largest ports in the world.

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About King Abdullah Port

Strategically located on the Red Sea coast on one of the world’s busiest maritime shipping lanes and with direct access to extensive transportation networks and urban centers, King Abdullah Port is the first fully privately owned, developed and operated commercial port in the Kingdom of Saudi Arabia.

King Abdullah Port occupies a total area of 17 square kilometers and enjoys close proximity to King Abdullah Economic City’s Industrial Valley and the bonded zone. The port makes an increasingly important contribution to the Kingdom’s regional and global role in trade, logistics and shipping. Once fully built, King Abdullah Port will be able to handle 20 million containers (TEU), 1.5 million vehicles (CEU) and 15 million tons of clean bulk cargo every year.

With state-of-the-art processing facilities, the world’s deepest 18-meter water berths, expanding roll-on/roll-off operations, and a fully-integrated Port Community System, King Abdullah Port is capable of receiving today’s diverse mega cargo ships, fulfilling the growing needs of the young and fast-growing population of the Kingdom and the region.

King Abdullah Port is testament to the important role of the private sector in realizing Saudi Vision 2030 and is well on its way to meeting its goal of becoming one of the top ports worldwide.

King Abdullah Port Appoints Rayan Qutub as Chief Executive Officer

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King Abdullah Economic City, December 2017:

The Ports Development Company, owner and developer of King Abdullah Port, has announced the appointment of Rayan Qutub as Chief Executive Officer. The Board of Directors welcomed the new CEO who will contribute to supporting and developing the port's activities as well as fostering the port's achievements over the past years.

 “I am very honored by the confidence placed in me by the Ports Development Company’s Board of Directors,” said Mr. Qutub.  “I look forward to collaborating with all King Abdullah Port team members and the relevant authorities in order to continue achieving the success of this vital national facility that was designed and implemented to keep up with the Kingdom's commercial and economic growth in the coming decades.”

 

He went on to say: “We will work to strengthen the port's capabilities to ensure that it continues to contribute effectively to the Kingdom's renaissance and prosperity while fulfilling the desired role in achieving the logistics vision through the contribution and partnership of the private sector to achieving Vision 2030.”

Qutub’s experience spans over 22 years in many fields and with major regional and international companies such as Savola, Unilever and Emaar The Economic City. Prior to joining King Abdullah Port, Qutub served as CEO of King Abdullah Economic City's Industrial Valley. During that period, KAEC Industrial Valley became an ideal destination for local and international industrial and logistics companies, attracting more than 120 leading companies in the pharmaceutical, food, logistics, automotive, construction and packaging sectors. Other achievements included developing and equipping the infrastructure of more than 30 km2 and launching numerous initiatives in cooperation with relevant government agencies.

 

Prior to this, Qutub was responsible for KAEC's business development in several projects, such as the development of residential districts, medical institutions and educational institutions, including The World Academy.

Qutub graduated with a Bachelor’s degree in Business Administration with honor, and attended several executive education programs in leadership, real estate and economic development with top universities such as Oxford, Harris-Stowe State and Harvard.

The Board of Directors also extended its sincerest thanks and appreciation to Eng. Abdullah Hameedadin, former Managing Director at the Ports Development Company, for his valuable efforts over the past years.

 

King Abdullah Port is the first privately owned, developed and operated port in the Kingdom of Saudi Arabia. It is characterized by its strategic geographic location on one of the world’s busiest maritime shipping lanes, and its integrated services using the latest state-of-the-art technology and utilizing local and international experts to provide the best services. It was ranked the fastest growing port worldwide in 2015 and joined the world’s 100 biggest container ports for 2016. The port’s development plan is proceeding at a steady pace and with a clear vision towards becoming one of the world’s leading ports.

 

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About King Abdullah Port

Strategically located on the Red Sea coast on one of the world’s busiest maritime shipping lanes and with direct access to extensive transportation networks and urban centers, King Abdullah Port is the first fully privately owned, developed and operated commercial port in the Kingdom of Saudi Arabia.

King Abdullah Port occupies a total area of 17 square kilometers and enjoys close proximity to King Abdullah Economic City’s Industrial Valley and the bonded zone. The port makes an increasingly important contribution to the Kingdom’s regional and global role in trade, logistics and shipping. Once fully built, King Abdullah Port will be able to handle 20 million containers (TEU), 1.5 million vehicles (CEU) and 15 million tons of clean bulk cargo every year.

 

With state-of-the-art processing facilities, the world’s deepest 18-meter water berths, expanding roll-on/roll-off operations, and a fully-integrated Port Community System, King Abdullah Port is capable of receiving today’s diverse mega cargo ships, fulfilling the growing needs of the young and fast-growing population of the Kingdom and the region.

King Abdullah Port is testament to the important role of the private sector in realizing Saudi Vision 2030 and is well on its way to meeting its goal of becoming one of the top ports worldwide.

KING ABDULLAH PORT SUCCESSFULLY COMPLETES FIRST PHASE OF ELECTRONIC INTEGRATION PROCESS WITH SAUDI CUSTOMS

20171025_120620Hameedadin: Electronic integration will boost operational efficiency of the Customs’ morning and evening shifts

Jeddah, October 2017

King Abdullah Port has announced the completion of the first phase of integration between the Port Community System, a computerized information system that facilitates access to information and allows efficient implementation of operations at the port, and the Customs-affiliated SANAM, in a step that will enable King Abdullah Port and the Customs to implement the electronic exchange of cargo manifests and container inspection instructions – which are part of 24-hour customs clearance initiative – as well as locating the containers at the customs inspection yard.

 

“We are proud of this achievement, which is the result of the fruitful cooperation between King Abdullah Port, the Economic Cities Authority (ECA), the Customs, IBM, the leader in information systems development, Tabadul and the National Container Terminal,” said Eng. Abdullah Hameedadin, Managing Director at the Ports Development Company, owner and developer of King Abdullah Port.

 

“The initiative will ensure the success of the electronic integration process among all parties involved in the port’s operations. Furthermore, it will allow the Customs to work efficiently during two shifts at King Abdullah Port, leading to the development and improvement of customs clearance, which will contribute to achieving the objectives of Vision 2030.”

 

SANAM, a comprehensive and integrated system to exchange data electronically between all parties involved in import and export from the public and private sectors, has been developed by Tabadul, which is the IT arm of the Customs, enabling the electronic exchange of information between all relevant parties in all sea, air and land ports so that Customs can safely exchange information on import and export data in standard specifications with no change in the validity or customs procedures in accordance with laws and regulations applicable.

 

Tabadul is working on behalf of the Saudi Customs to complete all the technical integration works with King Abdullah Port using SaudiEDI standard.

In the coming period, King Abdullah Port will cooperate with ECA and Tabadul so that all the port’s operations will be fully electronically integrated. This will be achieved by mid-2018 through the completion of electronic connectivity of the data permits for load permit messages, load approval messages, manifest reconciliation messages and container checkout from King Abdullah Port.

 

Customs will conduct the manual inspection during morning and evening shifts, whereas it was previously done during the morning shift only. This development will surely enable consignees to clear their cargo on the same day instead of waiting till the next day, which will reduce the turnover of incoming containers and will streamline the flow of cargo while increasing workload.

 

It is worth noting that King Abdullah Port increased its throughput by 14% in first half of 2017.

King Abdullah Port, which is owned by the Ports Development Company, is the first privately owned, developed and operated port in the Kingdom. It is characterized by its strategic geographic location and its integrated services using the latest state-of-the-art technology and utilizing local and international experts. The port has been listed as one of the world’s largest maritime shipping lanes, and its development plan is proceeding at a steady pace and with a clear vision towards becoming one of the world’s leading ports.

 

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About King Abdullah Port

Strategically located on the Red Sea coast on one of the world’s busiest maritime shipping lanes and with direct access to extensive transportation networks and urban centers, King Abdullah Port is the first fully privately owned, developed and operated commercial port in the Kingdom of Saudi Arabia.

 

King Abdullah Port occupies a total area of 17 square kilometers and enjoys close proximity to King Abdullah Economic City’s Industrial Valley and the bonded zone. The port makes an increasingly important contribution to the Kingdom’s regional and global role in trade, logistics and shipping. Once fully built, King Abdullah Port will be able to handle 20 million containers (TEU), 1.5 million vehicles (CEU) and 15 million tons of clean bulk cargo every year.

 

With state-of-the-art processing facilities, the world’s deepest 18-meter water berths, expanding roll-on/roll-off operations, and a fully-integrated Port Community System, King Abdullah Port is capable of receiving today’s diverse mega cargo ships, fulfilling the growing needs of the young and fast-growing population of the Kingdom and the region.

 

King Abdullah Port is testament to the important role of the private sector in realizing Saudi Vision 2030 and is well on its way to meeting its goal of becoming one of the top ports worldwide.

KING ABDULLAH PORT SIGNS AGREEMENT WITH AMSTEEL TO OPERATE FIRST BULK AND GENERAL CARGO TERMINAL BERTH

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King Abdullah Economic City, October 2017

King Abdullah Port has signed an agreement with AMSteel; a company specialized in operating ports and handling steel shipments. Through the agreement, AMSteel will operate the first bulk and general cargo terminal berth for a period of 25 years. King Abdullah Port management expects to operate the first bulk and general cargo terminal berth starting the second quarter of 2018.

 

“Signing this agreement comes within the framework of developing our capabilities in the field of bulk and general cargo,” said Eng. Abdullah M. Hameedadin, Managing Director of the Ports Development Company, owner and developer of King Abdullah Port. “It will enable us to actively contribute to promoting this industry due to its economic benefits and its support for the development journey in the Kingdom.”

 

He continued: “We at King Abdullah Port are keen to cooperate with entities that are experienced and knowledgeable in order to enable ourselves to develop business at the port and contribute to the development of the maritime transport industry in the Kingdom, in line with the objectives of Vision 2030.”

 

For his part, Mr. Hassan Al-Attas, Chairman of AMSteel, commented: “Since its establishment in 2015, AMSteel has been characterized by its outstanding successes in a short period of time, through its provision of clearance, logistics, storage, and door-to-door shipping services. It has also managed to win the trust of major customers both globally and locally, all seeking to benefit from the company’s services and experience in several projects.”

 

King Abdullah Port has been able to significantly develop its capacities; raising its annual throughput to 1.4 million TEU by the end of 2016. Additionally, the infrastructure’s annual capacity has reached four million TEU.

 

The management of King Abdullah Port expects the completion of the first phase of bulk and general cargo terminals with a capacity of three million tons, to be ready starting the second quarter of 2018.

 

King Abdullah Port, which is owned by the Ports Development Company, is the first privately owned, developed and operated port in the Kingdom. It is characterized by its strategic geographic location and its integrated services using the latest state-of-the-art technology and utilizing local and international experts. The port has been listed as one of the world’s largest maritime shipping lanes, and its development plan is proceeding at a steady pace and with a clear vision towards becoming one of the world’s leading ports.

 

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About King Abdullah Port

Strategically located on the Red Sea coast on one of the world’s busiest maritime shipping lanes and with direct access to extensive transportation networks and urban centers, King Abdullah Port is the first fully privately owned, developed and operated commercial port in the Kingdom of Saudi Arabia.

King Abdullah Port occupies a total area of 17 square kilometers and enjoys close proximity to King Abdullah Economic City’s Industrial Valley and the bonded zone. The port makes an increasingly important contribution to the Kingdom’s regional and global role in trade, logistics and shipping. Once fully built, King Abdullah Port will be able to handle 20 million containers (TEU), 1.5 million vehicles (CEU) and 15 million tons of clean bulk cargo every year.

 

With state-of-the-art processing facilities, the world’s deepest 18-meter water berths, expanding roll-on/roll-off operations, and a fully-integrated Port Community System, King Abdullah Port is capable of receiving today’s diverse mega cargo ships, fulfilling the growing needs of the young and fast-growing population of the Kingdom and the region.

King Abdullah Port is testament to the important role of the private sector in realizing Saudi Vision 2030 and is well on its way to meeting its goal of becoming one of the top ports worldwide.

KING ABDULLAH PORT RECEIVES FIRST LIQUID BULK SHIPMENTS

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King Abdullah Economic City, October 2017

King Abdullah Port has announced the arrival of its first liquid bulk shipments of fresh pasteurized milk for Almarai, the largest dairy company in the region. According to the shipping company, the milk shipment, which arrived from the Port of Moerdijk in Netherlands and weighs 265 tons, is the first of its kind to dock at Saudi ports, constituting a quantum leap for King Abdullah Port and for Saudi imports in general.

Eng. Abdullah M. Hameedadin, Managing Director of the Ports Development Company, owner and developer of King Abdullah Port, expressed his enthusiasm for what is considered one of the most important practical developments in activating and expanding the port’s partnership of with Almarai, which signed a contract with the port for loading, unloading and handling of its bulk cargo.  The arrival of this shipment is particularly important as Almarai is one of the most prominent investors in King Abdullah Economic City’s Industrial Valley.

“King Abdullah Port continues to achieve milestones that are fully in line with Vision 2030’s mandate to activate the role of the private sector in creating a more diverse, less oil-dependent economy. Such an economy would enhance the Kingdom’s global competitiveness and elevate its status among developed countries in economic and logistical fields, not to mention in the maritime transport sector, as well,” Hameedadin said.

The new milk shipment follows King Abdullah Port’s earlier success in receiving huge loads of equipment, weighing over 20 tons each, for the Rabigh 2 Independent Power Plant and through the port’s strategic partnership with Samsung.

King Abdullah Port, which is owned by the Ports Development Company, is the first privately owned, developed and operated port in the Kingdom. It is characterized by its strategic geographic location and its integrated services using the latest state-of-the-art technology and utilizing local and international experts. The port has been listed as one of the world’s largest maritime shipping lanes, and its development plan is proceeding at a steady pace and with a clear vision towards becoming one of the world’s leading ports.

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About King Abdullah Port

Strategically located on the Red Sea coast on one of the world’s busiest maritime shipping lanes and with direct access to extensive transportation networks and urban centers, King Abdullah Port is the first fully privately owned, developed and operated commercial port in the Kingdom of Saudi Arabia.

King Abdullah Port occupies a total area of 17 square kilometers and enjoys close proximity to King Abdullah Economic City’s Industrial Valley and the bonded zone. The port makes an increasingly important contribution to the Kingdom’s regional and global role in trade, logistics and shipping. Once fully built, King Abdullah Port will be able to handle 20 million containers (TEU), 1.5 million vehicles (CEU) and 15 million tons of clean bulk cargo every year.

With state-of-the-art processing facilities, the world’s deepest 18-meter water berths, expanding roll-on/roll-off operations, and a fully-integrated Port Community System, King Abdullah Port is capable of receiving today’s diverse mega cargo ships, fulfilling the growing needs of the young and fast-growing population of the Kingdom and the region.

King Abdullah Port is testament to the important role of the private sector in realizing Saudi Vision 2030 and is well on its way to meeting its goal of becoming one of the top ports worldwide.

KING ABDULLAH PORT THROUGHPUT INCREASES BY 14% IN FIRST HALF OF 2017 Hameedadin: First half results confirm the success and achievements of King Abdullah Port

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King Abdullah Economic City, August 2017

King Abdullah Port announced the increase of its throughput to 821,694 TEU in the first half of 2017, representing an increase of around 14% compared to the same time last year, where the throughput was 720,483 TEU. The port also announced an increase in the number of vessels received during the same period, reaching 398 vessels compared to 349 in the first half of 2016, also representing a 14% increase.

 

 

In its report on the merchandise exports and imports of the Kingdom, the General Authority for Statistics revealed that the imports of King Abdullah Port increased by 60.7% in May 2017, increasing the value of imports to SR1,277 million compared to SR795 million in May 2016.

 

 

“These numbers clearly indicate the success of King Abdullah Port as the latest infrastructure megaproject in the Middle East,” said Eng. Abdullah M. Hameedadin, Managing Director of the Ports Development Company, owner and developer of King Abdullah Port. He continued: “King Abdullah Port is built according to state-of-the-art specifications and is designed and executed to cope with the Kingdom’s commercial and economic growth in the coming decades. With its advanced equipment and impressive numbers, the port is able to effectively contribute to the Kingdom’s prosperity and revival, fulfilling its desired role in contributing to the realization of Vision 2030.”

 

 

Hameedadin continued, “We are cooperating with all relevant entities to support the port’s progress and finalize all its facilities. For example, we recently announced the completion of building and equipping the central operating room for monitoring and linking together the x-ray customs inspection systems in the port. In addition, we also covered all customs inspection areas with a wireless network utilizing the latest global technology.”

 

 

“The project was successfully delivered to the Saudi Customs at King Abdullah Port, making the port a pioneer in equipping the central operations center and activating the 24-hour container inspection initiative,” he concluded.

 

 

In its report on the world’s top 100 container ports published in the first quarter of 2017, Alphaliner, the world’s leading port data analysis company, announced that King Abdullah Port made its way to the list in 98th place after increasing its annual throughput by around 8%, from 1.3 million TEU in 2015 to 1.4 million TEU in 2016.

 

 

King Abdullah Port is the first privately owned, developed and operated commercial port in the Kingdom of Saudi Arabia. It is characterized by its strategic location, integrated services, state-of-the-art technology and utilization of local and international experts in order to provide the best services. The port has been listed as one of the world’s largest maritime shipping destinations, with a development plan moving at a steady pace and a clear vision to become one of the top ports worldwide.

 

 

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About King Abdullah Port

Strategically located on the Red Sea coast on one of the world’s busiest maritime shipping lanes and with direct access to extensive transportation networks and urban centers, King Abdullah Port is the first fully privately owned, developed and operated commercial port in the Kingdom of Saudi Arabia.

King Abdullah Port occupies a total area of 15 square kilometers and enjoys close proximity to King Abdullah Economic City’s Industrial Valley and the bonded zone. The port makes an increasingly important contribution to the Kingdom’s regional and global role in trade, logistics and shipping. Once fully built, King Abdullah Port will be able to handle 20 million containers (TEU), 1.5 million vehicles (CEU) and 15 million tons of clean bulk cargo every year.

With state-of-the-art processing facilities, the world’s deepest 18-meter water berths, expanding roll-on/roll-off operations, and a fully-integrated Port Community System, King Abdullah Port is capable of receiving today’s diverse mega cargo ships, fulfilling the growing needs of the young and fast-growing population of the Kingdom and the region.

King Abdullah Port is testament to the important role of the private sector in realizing Saudi Vision 2030 and is well on its way to meeting its goal of becoming one of the top ports worldwide.