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The Kingdom of Saudi Arabia has moved up from 17th position to 16th in UNCTAD Liner Shipping Connectivity Index out of 187 countries on the15th June 2023.
This accomplishment marks a remarkable rise in the countries competitive position on the global maritime map. It will also be key in fulfilling the outcomes of the National Transport and Logistics Strategy (NTLS) and boosting economic growth through a host of measures that include cost-efficient logistics and faster transit times, besides bolstering the value of Saudi products in global markets and unlocking new markets for Saudi exporters across the world.
His Excellency Eng. Saleh Al-Jasser, Minister of Transport and Logistics Services and Chairman of the Saudi Ports Authority (MAWANI) used this occasion to thank the Kingdom’s Leadership for their unwavering support of the nation’s transportation, logistics, and ports sectors.
The main factors contributing to this rise are the following.
Adding 20 new shipping services to Saudi ports
Forming strategic partnerships with major shipping companies
Increasing operational efficiency of Saudi Ports
The latest success closely follows the Kingdom’s 17-place jump in the World Bank’s Logistics Performance Index (LPI), securing the 38th position globally from among 160 countries. Strategically located along the world’s major trade routes, Saudi Arabia is currently linked to 348 ports through 97 shipping links.
The Kingdom of Saudi Arabia is committed to continuing to work on the development of its ports and maritime trade in an environmentally sustainable way. Saudi Ports Authority (Mawani), established in 1976, been keen on transforming the Saudi ports into investment platforms and facilitating the Kingdom’s trade with the rest of the world.
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