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Saudi Ports Authority reported a 21.14 per cent growth in container volumes in March 2023.
The kingdom's ports handled 693,523 TEUs compared to 572,475 TEUs in March 2022.
Exports rose by 17.74 per cent, imported containers surged by 37.05 per cent, and transshipments rose by 12.83 per cent.
The monthly cargo tonnage grew by 5.81 per cent to 26,102,998 tons.

The Saudi Ports Authority (Mawani) has announced that its container volumes rose by 21.14 per cent in March 2023, handling 693,523 twenty equipment units (TEUs), compared to 572,475 TEUs in March 2022.

In-depth container data show a 17.74 per cent increase in exports, totalling 195,495 TEUs in March this year compared to 166,045 TEUs in March last year. Imported containers, meanwhile, booked a 37.05 per cent surge to 224,221 TEUs in 2023 from 162,876 TEUs in 2022 with transshipments gaining 12.83 per cent last month at 274,807 TEUs over the prior year’s count of 243,554 TEUs, Mawani said in a press release.

Thanks to 523,513 tons of general cargo, 4,588,115 tons of liquid bulk cargo, and 13,594,542 tons of dry bulk cargo, the monthly cargo tonnage reported in March equalled 26,102,998 tons, indicating a 5.81 per cent uptick from 24,670,510 tons in the previous year.

In addition to a rise in container volumes, the ports received 76,086 vehicles in March 2023, up 11.42 per cent YoY, and welcomed 984 vessels, a 12.59 per cent climb relative to last year. These numbers bode well for the Saudi maritime sector, which is undergoing a period of growth and innovation, as per Mawani.

Fibre2Fashion News Desk (DP)

Saudi ports' container volume rises 21.14% YoY in March 2023: Mawani

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