Container traffic at Saudi ports increase in May
Saudi Ports Authority (Mawani) reported 709,944 TEUs in May, translating to an 18.8% year-on-year growth.
Data coming out of Mawani’s ports show a 28.18% increase in exports to 224,718 with imports jumping 35.98% to 236,358 TEUs in May 2023. Additionally. transshipments inched up by a marginal 0.15% to 248,866 TEUs in the previous month.
On the other hand, overall cargo throughput was 6.12% lower in May falling to 25,563,869 tons compared to 27,231,231 tons in the preceding year.
Furthermore, Saudi Arabia saw around 1,064 vessels throughout May, an 18.75% spike from 896 ships a year earlier.
Source: Container News
Related News
24/06
2021
North American exporters are having a hard time scheduling ocean transportation to the Far East. Industry experts indicate that shipping lines are thriving with huge Asian cargo volumes bound for the U.S. West Coast. Unfortunately, North American export trade is secondary and is often a step-child for ocean cargo services.
11/08
2021
The French shipping company CMA CGM has published new rate increases for reefer containers across the world.
17/03
2022
CMA CGM has announced the resumption of its reefer shipments in Nigerian ports with immediate effect.