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Yanbu: one of the fastest growing ports in Saudi Arabia

Yanbu: one of the fastest growing ports in Saudi Arabia



Yanbu Port sees 124pc rise in Q3 cargo

December 2018

Sudi Arabia's Yanbu Commercial Port set a new record by handling 1.24 million tonnes of various types of general cargo during the third quarter of 2018, an increase of 124 per cent, compared to 557,000 tonnes for the same period in 2017, said a report.

Yanbu is one of the fastest growing ports in Saudi Arabia at the present time. The port achieved record rates through handling 3.08 million tonnes during the last nine months of 2018, compared to 2.11 million tonnes for the same period in 2017, an increase of 46 per cent, added the Saudi Press Agency (SPA) report.

Over 3.1 million tonnes of the cargo handled at Yanbu up to the end of October this year was dry bulk, including sugar, iron ore, coal, cement, urea and sulphates. The management of the port is keen to maintain its development through attention to quality services being provided to meet the aspirations of Saudi Ports Authority “Mawani” and the objectives of the vision of the Kingdom 2030. The port looks forward for more achievements by attracting new shipping lines to cope with the qualitative leap being witnessed at various levels and to highlight its economic position in the region.

 

LARGEST SHIP

Meanwhile traffic at Yanbu Commercial port has increased significantly, with the port handling its largest ever ship recently.

Yanbu portreceived the Jin Tai Feng, a bulk carrier loaded with more than 82,000 tonnes of corn. At 235 m in length, and with a draft of 13.5m, it is the largest ship the port has ever received and follows significant investment in the port to cater for bigger vessels.

This comes after development projects launched last year by the Saudi Ports Authority to strengthen the services at the Kingdom’s ports and to upgrade their capabilities and efficiency.

The Kingdom is working relentlessly to build a solid ground for the status of the Saudi Ports Authority as a leader in the ports sector which links the national economy with the international market.

The ports have undergone various stages of construction and development since the foundation of Saudi Arabia up until the General Ports Organization was established in 1976. This was followed by the development and inauguration of several ports up until 1997, when port operations were handed to the private sector.

Also performing well is Jubail Commercial Port on Saudi Arabia’s Gulf Coast. The port handled a total of 11.89 million tonnes in the first 10 months of this year, compared with 9.86 million tonnes over the equivalent period in 2017, an increase of more than 20 per cent. As well as bulk cargo traffic, Jubail’s container business has grown significantly, achieving a throughput of over 600,000 teu in the first 10 months of 2018, up from 550,000 teu in the same months of last year.

By contrast, the Kingdom’s leading multi-purpose gateway port, Jeddah, has seen total cargo flows decline this year. The Red Sea port handled 44.65 million tonnes in January to October, down from 45.8 million tonnes in the same months of 2017. Its container throughput dropped to 3.35 million teu, from 3.46 million teu, although transshipment activity was higher, at 1.67 million teu, from 1.59 million teu.

The total volume of cargo handled at all Saudi ports during October this year was 23.29 million tonnes, an increase of 4.51 per cent compared to the same period of 2017. Container traffic remains fairly static with a combined throughput of 549,000 teu, an increase of 1 per cent.




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