Saudi Arabia Receives 28 Cranes as Part of Plans to Expand its Container Terminals
BusinessEconomy and Finance 18 July 2019 Arabia Day Newsdesk 0
King Abdullah Port in Saudi Arabia has received 28 cranes as part of plans to expand its container terminals.
Technical teams are currently assembling the cranes and they are expected to begin operating at the beginning of next year as part of the first phase of the expansion.
The growth will help raise the port’s annual capacity to five million TEU, serving trade movement in Saudi Arabia and the Red Sea.
The new cranes include 20 gantry cranes and 8 ship-to-shore (STS) cranes, which are the largest of their kind, and can serve mega container ships, a statement said.
Recently, King Abdullah Port was ranked the second fastest-growing port in the world in 2018 by Alphaliner. The port’s throughput increased from 1.7 million TEU in 2017 to 2.3 million TEU in 2018.
Run by the Ports Development Company, King Abdullah Port is the region’s first port to be fully owned, developed and operated by the private sector.
Eight of the largest shipping lines work at the port to offer integrated services to importers and exporters.
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