The recently published 2021 edition of Lloyd’s list of top 100 ports that measures the annual container throughput volumes of global ports in 2020 has placed Jeddah Islamic Port, the largest in Saudi Arabia, on 37th place, Arab News reports.
Lloyd’s list also includes another two Saudi ports- King Abdullah Port at 84th, King Abdul Aziz Port at 93 place- and shows Saudi Arabia has advanced its rank to 16th place in total volume handling from the global countries.
With volumes increasing to 4.7 million TEUs, Jeddah Islamic Port reported a 6.8 percent growth in 2020 compared to 2019, an increase that moved the facility five places up the ladder from the 42nd place last year, and is a direct result of the largest build-operate-transfer (BOT) container terminal agreement at Jeddah Port.
The agreement secures agreed investments of SR9 billion ($2.4 billion) for a period of 30 years, which will enhance the container terminals capacity beyond 70% to over 13 million TEUs.
Meanwhile, in line with the Kingdom’s Vision 2030 the Saudi Ports Authority (Mawani) continues to enhance the development of logistics services in Saudi Ports by engaging strategically and partnering with major global shipping lines.