Led by Tech, Wall Street Rebounds At End of Volatile Week    KSrelief Continues Implementing Water Supply and Environmental Sanitation Project, in Hodeida Governorate, Yemen    Official Spokesman of Coalition to Restore Legitimacy in Yemen: Royal Saudi Air Defense Intercepts, Destroys (6) Bomb-Laden UAVs Launched by Terrorist, Iran-backed Houthi Militia    Kuwait's COVID-19 cases drop slightly after rising to record highs for four days in a row    Saudi Border Guards foil bid to smuggle 1.5 tons of hashish    Civil Defense in Asir Region: Child, Civilian Injured as Result of Falling and Dispersing Shrapnel of Intercepted Houthi Militia's Bomb-Laden UAVs, in Khamis Mushait and Ahad Rafidah    Women most affected by coronavirus pandemic: EU report    Backed by KSrelief, Emergency Center for Epidemic Diseases Control Provides Treatment Services, in Hajjah, Yemen    Pope's visit carries message of peace to all Iraqis: Grand Imam of Al Azhar    Saudi Press: Saudi Arabia's Vision 2030 Aims to Achieve Welfare and Quality of Life for Citizens    King, Crown Prince congratulate Ghana president on National Day    Weather Forecast for Friday    CITC launches ‘Game Mode' initiative to support video game market    GACA give nod to AlUla airport for receiving international flights    AlUla International Airport Starts Receiving International Flights    Saudi and US air forces conclude joint training exercise    Saudi human rights chief holds virtual meeting with British PM's special envoy    Yasir Seaidan snatches early lead at Sharqiyah International Baja Toyota Al-Mogheera, Al-Tuwayjiri ahead in motorcycle and quad categories    Bahrain Condemns Terrorist Houthi Militia's Launch of Ballistic Missile, Drone towards Saudi Arabia    UN report calls for scaling-up carbon capture, use and storage    Terrorist motive being probed after seven stabbed in Sweden    Saudi Arabia prepares to host international off-road racing series Extreme E    Survey: Stay at home enhanced health awareness, family bonds and social responsibility    Saudi Stock Exchange Main Index Ends Trading Lower at 9,242.28 Points    New-normal IT stacks are tempting targets; we need a new approach to defend them    "Noor Riyadh" to illuminate capital city from March 18    SAGO Issues Tender to Import 540,000 Tons of Barley    Dania Akeel becomes first ever Saudi female to tackle an international rally Sharqiyah International Baja gets under way with Thursday's qualifying stage    Bahrain, India discuss ways to boost cooperation    Untreated hearing loss threatens nearly 2.5 billion people worldwide — WHO    SEC Introduces Investment Opportunities for Electrical Industries with Japanese Companies    AlUla — Journey Through Time photography exhibition in Milan set    HRH Crown Prince Attends Diriyah Formula E Race    Dutch De Vries Wins Inaugural Round of Formula E Diriyah Competitions 2021    KSU Medical City Participates with Medical Center to Ensure Safety of Formula E Participants    CEO of Formula E Highlights Strong Partnership with Saudi Arabia    Film Commission Launches 28 Cinematic Projects for Winners of Daw' Film Competition    SASCA in Dammam Sets a Deadline for Receiving Participations in International Video Art Forum    Saudi Film Commission Opens Registration Doors for Digital Filmmakers' Program    Saudi Arabia Names " Scales" Film to Represent it in Oscars    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Court facilitates young woman's marriage after stripping father's guardianship    Bahrain's top Islamic body condemns attempts to insult Muslim symbols    Saudi man accused of harassing foreign wife asked to be produced before court Court allows divorce, custody of children by mother    S. P. Bala, legendary Indian singer, dead at 74    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    Senior Scholars Council Issues Decision No. 246 Regarding Attendance of Friday Prayer and Prayers at Mosques in a Case of Spread of Epidemic or Fear of its Spread    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Transshipment containers up by 2.5 million at Jeddah Islamic Port in 2020 despite pandemic
Published in Saudi Press Agency on 14 - 01 - 2021

The Jeddah Islamic Port has achieved a remarkable increase in the number of transshipment containers by 2.5 million standard containers during the year 2020, an increase of 12 percent compared to the same period of 2019, amid an integrated system of competitive services.
This continuous increase in transshipment activity, which is an added value to the economy, comes from the value-added services that the world's hub ports seek to increase by attracting regular international shipping lines to them, in line with the Kingdom's ambition to transform into a global logistics center, confirming the efficiency of logistical and operational performance and the efficiency of supply chains at the Jeddah Islamic Port.
The Jeddah port is distinguished by its strategic location on the Red Sea coast, through which more than 13 percent of the volume of international maritime trade passes, and hence it is called as a link between the world's three continents of Asia, Europe and Africa. It is also considered as the first and foremost port handling maritime transit trade of transshipment containers, thanks to the integration of its infrastructure and advanced handling equipment, as well as the ease in procedures in the field of clearing containers and goods in a record period of time, in addition to the speed of loading and unloading operations.
The Jeddah Islamic Port handles more than 70 percent of the goods exported and imported through the Saudi ports, while it ranks first among the Red Sea ports. It is located on the commercial maritime artery that connects the Far East, Europe and the Horn of Africa through 62 wharves equipped with the latest equipment and technologies in accordance with international specifications, with a capacity of 130 million tons.
In light of the importance of transshipment operations around the world, the Saudi Ports Authority (MAWANI) has made qualitative moves to raise the competitiveness of these operations at Jeddah Islamic Port by re-engineering and developing transshipment procedures, canceling the loading permit in cooperation with the General Customs Authority, apart from restructuring storage fees to stimulate shipping lines, in addition to increasing the period of storage free time from 20 days to 30 days.
The authority has also worked on operational handling for transshipment containers in accordance with international practices, increasing the operational efficiency of shipping lines, as well as using the latest technologies with international specifications for remote operation with automated technology. This is in a way that contributes to raising handling rates and providing the highest levels of logistics services, as well as making changes in wages for large and competitive storage periods, establishing strategic partnerships with major international shipping lines, and stimulating feeder and coastal services to increase transshipment quantities.
In this context, MAWANI strives to have the Kingdom's ports, on top of which the Jeddah Islamic Port, a pioneering role in regional level as well as in the global competition by gaining major chunk of transit maritime trade in the Red Sea, as well as to attract an additional share of competition operations around the world to Saudi ports. The authority also seeks to conclude more strategic partnerships with major international shipping lines, establish logistical areas attractive to investment in the ports sector and achieve an added value in the national economy.
It is noteworthy that the Kingdom's ports currently acquire approximately 20 percent of the transshipment market in the region, as well as 80 percent of the total transshipment market in the Red Sea. They also target to acquire more than 50 percent of the transshipment market by the end of 2030. This is through activating logistical services to attract more transshipment vessels, in a way that contributes to consolidating the Kingdom's strategic position as a global logistics hub that connects the three continents, keeping pace with the pillars of the National Industrial Development and Logistics Program (Nadlib) in accordance with the Kingdom's Vision 2030.

Clic here to read the story from its source.