Saudi KAP Ends 2015 with Stellar Feats
By Aiswarya Lakshmi
Wednesday, January 20, 2016
King Abdullah Port (KAP), the first privately developed and managed port in the Saudi Kingdom and the region, has announced the port’s success in handling 1,307,017 TEUs, says a repot in the Saudi Gazette.
Engineer Abdullah bin Muhammad Hameedaddin, managing director of the Ports Development Company, owners, developers and managers, of KAP, said that the company also opened its fourth berth in May 2015, increasing its capacity to over 2.7 million TEUs as per its Masterplan.
Hameedaddin showcased KAP's most notable achievements during 2015 which is the port's second year of operation. He pointed out the significant role of the advanced capabilities available at KAP such as the 18-meter deep berths as well as the massive storage spaces and the latest state-of-the-art equipment.
In 2015 KAP signed a partnership agreement with NYK Group one of largest car shipping companies in the world. The partnership is expected to result in operating the port's first ro-ro berth which has the capacity to transport 300000 cars per year and will be the first of its kind in the region to be operated by NYK Group through joint management by the third quarter of 2016.
Hameedaddin expects NYK’s management of the Ro-Ro berth to take part in diversifying the services offered by King Abdullah Port, alongside the services of transporting containers and goods. Completion of the first phase for the station designed for bulk cargo and Ro/Ro (cars) is estimated to be finished by the third quarter of 2016.