In a key milestone on its journey to becoming a leading global logistics and transportation hub, King Abdullah Port, the first privately owned, developed and operated port in Saudi Arabia, last month reached 15 million TEU in total container throughput from its inception.
King Abdullah Port hit the new milestone in throughput in a record time of less than nine years since the container terminal commenced operations in September 2013. The port registered double-digit growth in 2021 with an exceptional 31% rise in container throughput, making it one of the world’s fastest growing container ports.
Commenting on the achievement, Jay New, CEO of King Abdullah Port, said: “The 15 million TEU accomplishment in a record time signifies our strong growth and resilience despite challenges facing international trade and the maritime shipping sector over the years. Even at the height of supply chain disruptions worldwide due to the spread of COVID-19 during the past two years, we have effectively served our customers and played a key role in the Kingdom’s efforts to fight the pandemic.”