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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

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Saudi Ports Authority posts 17.5 percent increase in cargo volume

Saudi Ports Authority added 28 new maritime services, connecting Saudi ports to eastern and western ports.
By TRENDS Desk
March 14, 2022 9:07 pm
  • The volume of tons has exceeded 24.4 million tons, while the number of transshipment containers has increased by 3.4 percent during that period
  • However, the global supply chain disturbance has led to a decrease in Saudi ports’ volume of foodstuffs by 2.05 percent — and a fall in the number of livestock by almost 63 percent

Saudi Ports Authority has posted a 17.5 percent increase in its general cargo’s volume of tons in 2022, compared to the same period in 2021.

The volume of tons has exceeded 24.4 million tons, while the number of transshipment containers has increased by 3.4 percent during that period, it said in a statement.

However, the global supply chain disturbance has led to a decrease in Saudi ports’ volume of foodstuffs by 2.05 percent — and a fall in the number of livestock by almost 63 percent.

In line with Saudi Vision 2030, the authority seeks to enhance the process of maritime transport and ports in accordance with its development strategy to boost the sector.

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