The import volumes of empty containers by shipping lines in Saudi Arabia registered a 331 percent jump to reach 69,429 TEUs (twenty equipment units) between January and May 2022, compared to the same period last year, according to the Saudi Ports Authority (Mawani) data.
The surge in import volumes was a direct result of Mawani’s recent initiative launched in collaboration with container terminal operators to slash the handling charges of empty containers by half for one year, SPA reported.
This move has led to a significant reduction in import costs and enabled shipping lines to expand their inventory of empty containers.
The import of empty containers play a crucial role in helping exporters, boosting national exports, and enabling trade between the Kingdom and the rest of the world.
Mawani aims to develop an effective port ecosystem to boost the Kingdom’s import and export activity through a series of initiatives and programs with the private sector.
They include upgrading of operational efficiency, enhancing regulatory and legislative environment, and revamping and automating processes in cooperation with strategic partners and government entities within the framework set by the National Transport and Logistics Strategy (NTLS) to position Saudi Arabia as a global transport and logistics hub.
Follow us on
