Trade hubs overseen by the Saudi Ports Authority (Mawani) handled a total container volume of 753,496 TEU in July this year, almost 19% higher than in the same month of 2022. Data released by Mawani shows a 34.56% upturn in exported containers, to 250,004 TEU from 185,791 TEU in the July of the previous year, alongside a 30.09% growth in imported containers, from 180,329 TEU to 234,592 TEU in July 2023. Transshipment activity was relatively stable, with a slight increase 0.41% to 268,901 TEU in July this year.
By contrast total cargo volumes at Mawani ports were down 9.84% from 27.84 million tons in July last year, to 25.1 million tons this July.
In a positive development for the future of the Kingdom’s container business. Jeddah Islamic Port has been added to the rotation of the Turkey Libya Express (TLX) operated by CMA CGM. The new service will call into the facilities operated by Red Sea Gateway Terminal (RSGT), connecting Jeddah to eight global hubs, including Shanghai, Ningbo, Nansha, Singapore, Iskenderun, Malta, Misurata and Port Klang through a fleet of nine ships.
This takes the number of new cargo services added to the Kingdom’s ports so far this year to 20. This has enabled the Kingdom’s rise in the latest update of UNCTAD’s Liner Shipping Connectivity Index (LSCI) to 16th position in a list that includes 187 countries.