King Abdullah Port ranked world’s second fastest growing

Saudi Arabia’s King Abdullah Port has been ranked the second fastest growing port in the world in 2018, according to Alphaliner, the global maritime transport data analysis and research firm, a statement said.

The port is now also ranked 83 in the list of the 100 largest container ports in the world in 2018 after ranking 87 in 2017.

According to Alphaliner, King Abdullah Port increased its throughput from 1.7 million TEU in 2017 to 2.3 million TEU in 2018; ranking second globally and first in the region in terms of container handling.

“King Abdullah Port is a testament to the success of public-private partnerships due to its connection to more than 17 government agencies while being fully managed and operated by the private sector,” King Abdullah Port CEO, Rayan Qutub, said.

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.