King Abdullah Port ranked 2nd globally by World Bank

SourceArab News
SectorTransport
CountrySaudi Arabia

King Abdullah Port has been ranked second among the most efficient container ports in the world, according to the Container Port Performance Index (CPPI) for the year 2020 published by the World Bank and IHS Markit. The report, which is the first of its kind that scores ports against different metrics, is based on total port hours per ship call, standardized for different ship sizes and container moves per call. King Abdullah Port’s prominent position in CPPI 2020 recognizes the quality and efficiency of its infrastructure and its contributions to Saudi Arabia’s growth strategy and the Kingdom’s growing importance as a global trade hub.

The recognition also demonstrates the port’s continuous progress in accordance with its long-term strategic plans and objectives, embodying the motto “Sailing Toward the Vision” launched during its official inauguration in 2019, which was attended by Crown Prince Mohammad bin Salman. Jay New, chief executive of King Abdullah Port, said: “We are proud of King Abdullah...read more...