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            november 14, 2018

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Indiaexportnews.com

Red Sea ports' container throughput record mixed results in 2017

  12.02.2018    

Located north of Jeddah on the Red Sea coast, Saudi Arabia's King Abdullah port handled 1.69 million TEU in 2017, representing a year-on-year increase of 21 per cent and making the port one of the fastest growing container facilities last year.
The privately-operated port was particularly successful in attracting transshipment traffic which surged by 28 per cent compared with 2016. The number of vessel calls at the port increased by 14 per cent to 820.
Jeddah remains Saudi Arabia's main Red Sea gateway, handling 4.15 million TEU, after volumes dropped 4.3 by per cent compared to 2016, reported The Maritime Standard.
On the Saudi Gulf coast, container throughput in 2017 at the port of Dammam declined by 11.2 per cent year on year to 1.58 million TEU.
By contrast Jubail Commercial port (JCP) saw throughput rise by 26 per cent to 674,000 TEU driven by a 72 per cent upturn in containerised import volumes.
In a separate development, Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, which operates Jubail Container Terminal (JCT), hosted a Jubail Value Proposition event to identify new business opportunities and examine the investment outlook in the import and export destination.
Ranked the Middle East's fastest growing container port in 2017, JCT serves as a hub, not only for industrial exports but also for imports to the fast growing markets of Saudi Arabia's eastern and central provinces.
Speaking at the event, GSCCO managing director Richard James said: "Jubail's strategic geographic location has enabled it to evolve into a pivotal gateway for international trade and industrial activity, enhancing Saudi Arabia's economic and trade potential."



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