lunedì 5 novembre 2018
Yanbu Commercial Port receives largest ship in its history
Yanbu Commercial Port has received the largest ship in its history called JIN TAI FENG carrying 82,498 tons of corn, with a length of 235 meters and submersible 13.50 meters. This comes after developmental projects launched last year in the framework of the efforts of Saudi Ports Authority (MAWANI) to strengthen the services of Saudi ports and to upgrade their capabilities and efficiency operationally and logistically.
Transportation (NTP budget – SAR 5.5 billion)
Increasing private sector contribution in developing and operating ports projects from 30% to 70%
Increasing private sector contribution in developing and operating rail projects from 5% to 50%
Improving the container capacity of the Dammam to Riyadh rail link
The General Ports Authority is expected to be on the privatisation list. Initiatives include setting up private sector operation and maintenance concessions, and development of an integrated programme to improve port efficiency, which will be of particular importance to the ports in Eastern Province.
Specific initiatives also include establishing multi-modal logistics hubs in each of Jubail and Yanbu with Yanbu also to have a minerals port.