Saudi Crown Prince Inaugurates King Abdullah Port
Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, inaugurated in Rabigh on Monday the King Abdullah Port during his visit to King Abdullah Economic City (KAEC), reported the Saudi Press Agency. The port features state-of-the-art facilities including 18-meter water berths, which are the deepest in the world, and the world’s largest and most advanced cranes, which employ the latest technology and feature a 65-ton lifting capacity as well as a handling capacity of 25 containers. Such facilities enable the port to serve giant container vessels now and in the future.
Saudi Arabia investing $30bn in port infrastructure development
Saudi Arabia has big plans for the future, largely centred around King Abdullah Port at Rabigh. Today, the phase one 2.7m teu container terminal there is nearing completion. It boasts a 1,470 mlong quay and has four berths, with 700,000 sq m of yard space. Completion of a fourth and final berth is expected to take place in Q4 2014.
First petrochemical exports leave King Abdullah Port at Rabigh
Rabigh Refining and Petrochemical Company (Petro Rabigh) exported Sunday the first shipment of petrochemical products from King Abdullah Port, located in King Abdullah Economic City in Rabigh. The shipment represents the first export operation of the port. The cargo, which consisted of 54 containers of polymer material, was shipped on board a carrier heading to Singapore. Petro Rabigh is a Saudi joint stock company, founded in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical of Japan. Petro Rabigh processes up to 400,000 barrels per day of Arabian light crude oil, and uses 1.2m tons per year of ethane as feedstock to produce a variety of petrochemical products. [GulfShipNews 06/01/14]Upload News