The annual throughput of Saudi Arabia’s King Abdullah Port for bulk and general cargo increased to 2.98 million tonnes in 2019, compared to 689,000 tonnes in 2018. This represents a stunning 33% increase.
The volume of import containers handled by the port in 2019 totaled 203,670 teu compared to 190,005 teu in 2018, an above market average rise of 7.2%. Overall, though, tough market conditions led to a 12.2% decline in the port’s annual container throughput. This is attributed to current tensions in trade relations between China and the United States, together with a decrease in transshipment operations caused by recent changes in shipping lines’ operational strategies for the region.
Despite the setback King Abdullah Port says its development plan is proceeding at a steady pace and it aims over the course of the coming year to consolidate its place among the leading global ports.