Just in:
The International Exhibition of Inventions in Geneva Reveals More than 40 Scientific and Technological Innovation Achievements from Hong Kong // Sharjah Charity International Extends Helping Hand to Flood Victims // UN Acknowledges Uneven Progress on Energy Goals During Sustainability Week // Boeing Eyes 2030 Launch for Electric Flying Cars // Czar Workspace: a Modern Workspace Solutions in Dubai // Abu Dhabi Environment Agency Endorses ADNOC’s Decarbonization Push // UAE Delegation Engages in Arab Parliament Committee Discussions // AI Race Heats Up: Meta Unveils Powerful New Llama // Navigating Business Setup in Dubai: A Comprehensive Guide by Czar Bizserv // Takeoff After Turbulence: Flydubai Restarts Operations at Dubai International Airport // Congress Is Set To Perform Well In Lok Sabha Polls In Karnataka // Gen Zs Trust User and Expert Insights on Shopee // Evolution and current state of global crypto adoption – Octa // Tech Giant Discharges Workers Following Disruptive Protest // VinFast expands access to comprehensive aftersales network in France and Germany through agreement with Mobivia // NEOM welcomes leading industry figures and investors to Hong Kong showcase as part of its ‘Discover NEOM’ China tour // Belt and Road Initiative Sees Robust Trade Growth in First Quarter // Hong Kong’s R&D Receives International Recognition HKPC’s “InspecSpider” Wins Prestigious “Edison Award” in Innovation Field // Innovative Study On Solvent Recycling In Warfare Published // Galaxy Macau Unveils the New Galaxy Kidz: An Edutainment Center for Play Time //

Saudi's King Abdullah Port set for major capacity boost in early 2017

1482778693 King Abdullah Port

Infrastructure works for two new berths at King Abdullah Port in Saudi Arabia’s King Abdullah Economic City will be finished in the next few weeks, significantly boosting capacity.

ADVERTISEMENT

Berths 5 and 6 are part of the port’s expansion plan, which aims to significantly uprate the port’s capacity, thus boosting its standing in the maritime industry, both regionally and internationally, a statement said.

“With the two new berths, the port’s annual capacity will rise to four million TEU as of the beginning of the first quarter of 2017,” said Abdullah Hameedadin, managing director of the Ports Development Company, the owner and developer of King Abdullah Port.

“This will extend the port’s reach to the most important trade hubs in the region and the world, solidifying the roles of the private sector in general, and King Abdullah Port in particular, in achieving Vision 2030.”

Last year, King Abdullah Port’s annual throughput rose to 1.27 million TEU, making it the fastest growing port in the world according to a study recently conducted on over 120 container ports worldwide.

This figure is expected to continue rising despite the challenges faced by the market and a slowing down of global economic growth.

The management of King Abdullah Port also said it expects to finalise the first phase of bulk cargo terminals with a capacity of three million tons, in addition to the RORO (roll-on/roll-off) terminals with a capacity of 300,000 CEU by the beginning of 2017.

King Abdullah Port occupies a total area of 15 square kilometres. Once fully built, it will be able to handle 20 million containers (TEU), 1.5 million vehicles (CEU) and 15 million tons of clean bulk cargo every year.

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
Gen Zs Trust User and Expert Insights on Shopee // Congress Is Set To Perform Well In Lok Sabha Polls In Karnataka // Global Cooperation Takes Center Stage at Dubai International Humanitarian Aid and Development Conference and Exhibition // A Feast Without Footprint – Shiok Kitchen Catering Redefines Delicious Dining with Carbon Neutral Catering // The International Exhibition of Inventions in Geneva Reveals More than 40 Scientific and Technological Innovation Achievements from Hong Kong // Takeoff After Turbulence: Flydubai Restarts Operations at Dubai International Airport // Sharjah Charity International Extends Helping Hand to Flood Victims // UN Acknowledges Uneven Progress on Energy Goals During Sustainability Week // Abu Dhabi Environment Agency Endorses ADNOC’s Decarbonization Push // Hong Kong’s R&D Receives International Recognition HKPC’s “InspecSpider” Wins Prestigious “Edison Award” in Innovation Field // Get Based with Mr. Based: The Future of Community-Driven Cryptocurrency // Evolution and current state of global crypto adoption – Octa // Czar Workspace: a Modern Workspace Solutions in Dubai // Emirates Offer Support as Wildfires Ravage Greece // Galaxy Macau Unveils the New Galaxy Kidz: An Edutainment Center for Play Time // Global Energy Leaders Chart Course for Sustainable Future at IRENA Assembly // Petrochemical Storm Clouds Gather Over Saudi Arabia // VT Markets Releases Study on Upcoming Bitcoin Halving and Market Implications // Innovative Study On Solvent Recycling In Warfare Published // UAE Delegation Engages in Arab Parliament Committee Discussions //