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A good run for Mawani:Saudi Ports Authority (Mawani) saw a 12% y-o-y increase in container handling across its ports to 8.4 mn TEU in 2023, it said in a statement earlier this week. Overall port container handling, including ports that are not managed by Mawani, was up 9% y-o-y to 11.4 mn TEU last year.
And export / import milestones: Exported containers under Mawani grew 15.6% y-o-y to 2.6 mn TEU last year, while imported containers were up 12.7% y-o-y to 2.6 mn tons. Export containers were up 14% (2.74 mn TEU) on an annual basis, while import containers were up 10.5% (2.73 mn TEU).
Decoding industryspeak: A TEU is a twenty-foot equivalent unit — the standard shipping container most everyone is familiar with from seeing them on ships or lashed to the back of transport trucks on the highways.
Tonnage handled fell 5.1% y-o-y to 300.5 mn tons in 2023, down from 316.6 mn tons a year earlier.
Vehicles + passengers: Imported vehicles rose 40.5% to c. 2.5 mn cars. Arriving and departing passengers hit 1 mn on the back of a 41.3% y-o-y growth last year.
Overall a record year: Mawani hit record monthly container handling in May with a 19% y-o-y increase. King Abdulaziz Port in Dammam hit record high monthly handling with 211.2 mn TEUs in July, and Jeddah Islamic Port 511.3mn TEUs in October.
