INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Jeddah Islamic Port ranks 37 on Lloyd’s list of 100

  • The 2021 edition of Lloyd’s list of top 100 ports was recently published, measuring the annual container throughput volumes of global ports in 2020
  • Jeddah Islamic Port had reported a growth of 6.8 percent in 2020, with volumes increasing to 4.7 million TEUs (twenty-foot equivalent unit) from 4.3 million TEUs in 2019

Jeddah Islamic Port, the largest in Saudi Arabia, has ranked 37 on Lloyd’s list of top 100 global ports in the world.

The 2021 edition of Lloyd’s list was recently published, measuring the annual container throughput volumes of global ports in 2020. It includes three Saudi ports: King Abdullah Port at 84, King Abdul Aziz Port at 93, and Jeddah Islamic Port at 37.

Jeddah Islamic Port had reported a growth of 6.8 percent in 2020, with volumes increasing to 4.7 million TEUs (twenty-foot equivalent unit) from 4.3 million TEUs in 2019. This increase moved the facility up five places to rank 37 out of the world’s top 100 ports.

This improvement comes as a direct result of the largest build-operate-transfer container terminal agreement at Jeddah Port.