King Abdullah Port jumps 3 places to rank 84th in Lloyd’s Top 100 Ports
Strengthening its position as one of the fastest growing ports in the world and the number one port in the Middle East region, King Abdullah Port has been ranked among the top 100 container ports in the world, according to the 2021 edition. from the prestigious Lloyd’s List. One hundred recently published ports.
The port’s remarkable performance in 2020 despite the challenges linked to the pandemic enabled it to improve its ranking by three positions to reach the 84e position, thus asserting itself firmly in the world list.
Commenting on the achievement, Jay New, CEO of King Abdullah Port, said, “We are proud of the growing reputation of King Abdullah Port as an internationally renowned port with state-of-the-art infrastructure and efficient operations.
“The port’s consistently high performance in various global rankings and unmatched service excellence has been the engine of its growth and resilience, enhancing our contributions to achieving the goals of Vision 2030.
“This achievement encourages us to continue to deliver on our commitment to transform the Kingdom into a leading global hub connecting Asia, Europe and Africa, in addition to supporting the diversification of the national economy by facilitating the growth in non-oil exports. “
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The improved ranking in the global list reflects the continuous improvement of the infrastructure and facilities at King Abdullah Port as well as its rapid and effective response strategy to mitigate the impact of the global pandemic.
The achievement also recognizes the efforts of King Abdullah Port to become the largest port in the Middle East with the capacity to handle 25 million TEUs per year.
The port recorded a 6.6% increase in container throughput in 2020, reaching 2,153,963 TEUs from 2,020,683 TEUs in 2019, and achieved a remarkable 16% increase in the number of imported containers compared to the last year.
As for bulk and general cargo, the port recorded an increase of 12.4% in 2020, reaching 3,329,380 tonnes, against 2,962,867 tonnes in 2019.
It continues to show exceptional performance in 2021, significantly increasing its throughput to rank first among regional ports in the first quarter, reaching 693,700 TEUs, up 44.2% from the 481,100 TEUs recorded in the previous quarter. first quarter 2020.
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The port also set a new monthly general cargo volume record by handling over 600,000 tonnes in April 2021.
The outstanding performance of King Abdullah’s port in 2020 has helped it improve its ranking in various reputable global lists and indices. Recently he ranked 83rd in the world list of the 100 largest container ports of the prestigious Alphaliner, gaining four places compared to its previous ranking.
Owned by the Ports Development Company, King Abdullah Port is the region’s first port to be privately owned, developed and operated.
Ranked the second most efficient port in the world by the World Bank in 2020, the port has become one of the top 100 ports in the world in four years of operation.
With its strategic location in King Abdullah Economic City – a modern city with a business-friendly ecosystem and infrastructure – King Abdullah Port takes advantage of the city’s advanced facilities and services, especially the industrial valley, which has attracted many logistics projects as well as light and medium installations. Industries.
Read more: King Abdullah Port ranked 2nd most efficient container port in the world