11 Hrs
Source:
الاقتصادية
Source: الاقتصادية
11 Hrsالاقتصادية
Source: الاقتصادية
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Disruptions to shipping through the Strait of Hormuz have strengthened the role of Saudi ports as alternative routes for moving goods to Gulf markets. Global shipping companies have rerouted services through Red Sea ports, including Jeddah Islamic Port and King Abdullah Port, before transporting containers by land to Dammam. Container handling at Saudi ports rose 14% year on year to around 866,000 TEUs in October. Red Sea ports have an annual capacity of more than 18 million containers, while Saudi Arabia has added over 27 shipping services, providing capacity of more than 200,000 containers per month. It also invested SAR 641 million in developing Jeddah Islamic Port over three months.
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