Saudi Arabia Opens Gateway Terminal
-
The new $510-million Red Sea Gateway Terminal at Saudi Arabia’s Jeddah Islamic Port marked its opening with its first call by a container vessel, the Al Muttanabi with a capacity of 3,802 20-foot equivalent units.
The vessel is part of United Arab Shipping’s MINA Service connecting
the Indian Subcontinent, the Middle East, the West Mediterranean and
the U.S. East Coast.“This maiden call represents the start of a new era for JIP as a
transshipment hub on the Red Sea. With the launch of RSGT’s commercial
operations, the annual capacity of JIP is estimated to increase by 45
percent,” the terminal operator said in a statement.Equipped with modern equipment, comprising six new super post-Panamax
ship-to-shore cranes with twin-lift capabilities and a lifting capacity
of 85 metric tons, supplemented by 20 advanced rubber-tired gantry
cranes, and 18-meter draft, the terminal offers an annual capacity of
1.8 million 20-foot equivalent units.RSGT, the first build-operate-transfer port development project in the
country, is a joint venture between Saudi Industrial Services Company,
Saudi Trade & Export Development Company, Xenel Industries Limited
and Malaysia’s MMC Corporation. It is expected to be fully operational
during the third quarter of this year.Jeddah Port is the largest container gateway in Saudi Arabia, moving
nearly 75 percent of the country’s total containerized traffic. In
2008, consolidated throughput at the two existing terminals increased
to 3.3 million TEUs from 3 million TEUs the previous year. Volume was
expected to fall back to 3 million TEUs in 2009.Source: Journal of Commerce
Search to find what you want
Loading- New Saudi Shipping Terminal to attract trade
- New Saudi Shipping Terminal to attract trade
- Saudi Arabia is considering new port for the import of food
- UASC, APL, Hanjin add the most capacity in the past year
- Singapore, Shanghai top two ports in 2009
- Jurong Port is September Throughput
- Supplies to keep sailing
- Nehru Port boxes by 7 percent
- Malaysian ports increased container throughput of 10% in 2nd Quarter
- Port Klang container volume down
- China harbors October throughput down 2.6% to 10.78 million TEUs
- China port throughput slips 2.6% in October
- Container volume in July referring to the end of deceleration
- Bohai Rim help compensate for volume losses COSCO Ports
- Hong Kong Q3 port cargo throughput increased by 4%
A new $530 million terminal in Saudi Arabia’s main shipping hub will ease congestion and help lure back trade which had gone to other ports in the past few years, a senior executive said. Aamer Alireza, chief executive of Red Sea Gateway Terminal Co., said the 2 billion riyal facility
A new $530 million terminal in Saudi Arabia’s main shipping hub will ease congestion and help lure back trade which had gone to other ports in the past few years, a senior executive said.
Saudi Arabia is considering building a new port in the Red Sea city of Jeddah to handle rising imports such as wheat and barley under a food security plan, an official said. Food security has topped the policy agenda in the Gulf region following rampant inflation in 2008 that underscored
UASC, APL and Hanjin Shipping have been the most active in adding fleet capacity among the world’s top 20 liner carriers over the past 12 months, according to a report by the maritime consultant Dynamar. Dynamar reported capacity changes in fleets since October 2008 in its Dynaliners newsletter. UASC, the 20th-largest
Singapore retained its title as the world’s busiest port last year, with container cargo handled by its terminals reaching 25.87 million TEUs. But there was little daylight between Singapore and second-placed Shanghaiy, which saw 25 million TEUs crossing its busy wharves. Hong Kong retained its place as third busiest port handling 20.92
JURONG Port said yesterday its container throughput in September fell 32.63 per cent to 64,000 twenty-foot equivalent units (TEUs), from 95,000 TEUs a year earlier. But September’s figure was about 8.5 per cent higher than that in August, when the port handled 59,000 TEUs. August’s throughput was down 33 per cent
There will be close to three million TEUs of excess capacity by the end of next year, according to experts. They predict excess box capacity will persist till 2013
Container throughput at India’s largest container port, Jawaharlal Nehru, fell 7 percent in the April-July period compared with a year ago, amid the continuing slump in the country’s foreign trade. Box traffic during the first four months of fiscal 2009-10 declined to 1.13 million 20-foot equivalent units from 1.4 million TEUs,
Malaysian ports handled 10 percent more containers in the second quarter of the year compared to the first, reflecting a recovery in both domestic and transhipment cargo, the Business Times reported. Container traffic at the 10 major ports rose to 3.79 million TEUs from 3.44 million in the periods reviewed. Transhipment traffic,
Container traffic through Port Klang, the country’s busiest container port, fell by 8.3 per cent last year, as the global economic downturn continues to hurt the country’s exports, Business Times reported. The port handled 7.3 million TEUs, compared with 7.9 million TEUs in 2008. In terms of tonnage handled, traffic through
China’s ports saw a 2.6 percent year-on-year decrease in container traffic in October, handling 10.78 million TEUs, according to Transport Ministry date, reported All data Processing. Container traffic at sea ports totalled 9.67 million TEUs, slipping 2.7 percent on the year. The port of Shanghai recorded the biggest volume but
China’s ports saw a 2.6 percent year-on-year decrease in container traffic in October, handling 10.78 million TEUs, according to Transport Ministry date, reported All data Processing. Container traffic at sea ports totalled 9.67 million TEUs, slipping 2.7 percent on the year. The port of Shanghai recorded the biggest volume but also the
Container throughput at the Port of Singapore last month suggests that the slowdown in trade seems to be bottoming out and perhaps easing, Maritime and Port Authority figures show. Container throughput rose 5.6 per cent month-on-month in July to 2.22 million twenty-foot equivalent units (TEUs), from 2.1 million TEUs in June. However,
Hong Kong-based terminal operator COSCO Pacific saw volume at 20 global ports in which it has stakes fall 4.8 percent in August, to 3.9 million TEUs. For the year, the company’s volume has fallen 7.7 percent, to 27.9 million TEUs. COSCO’s terminals in Qingdao and Dalian in northeastern China continued to
The third quarter saw total port cargo throughput fall to 64.4 million tonnes, down 4% on the same period last year, the Census & Statistics Department says. Within this total, inward port cargo dropped 2% to 36.3 million tonnes and outward port cargo fell 7% to 28.1 million tonnes
Loading...
