RIYADH: Saudi Arabia’s share of transshipment operations in the region has almost tripled in three years, according to the Kingdom’s Minister of Transport and Logistics Saleh Al-Jasser.
The level rose to 32 percent in 2022, up from 12 percent three years prior, the minister revealed.
The Kingdom is aiming for a 50 percent regional share of transshipment - the act of off-loading a container from one ship and loading it onto another ship to its final destination – by the end of the decade as part of its Vision 2030 goals.
It also intends to have the largest share of transit maritime trade in the Red Sea, drawing in global transshipment operations to Saudi ports.
“Seventeen international maritime lines were launched in the Kingdom, which increased the interconnection of ports and increased the process of exports, imports, and transportation through the Kingdom to other countries,” Al-Jasser told Asharq on the sidelines of the LEAP conference taking place in Riyadh.
The Ministry also initiated the Unified Logistics Window on Monday to grant access to operational services in numerous languages across multiple entities from the country’s logistics ecosystem.
Al-Jasser added that the platform will facilitate the beneficiary and improve the customer experience.
While it currently comprises 70 transportation system services, the platform aspires to increase to 450 automated services in 2025.
“What we are currently working on is re-engineering, facilitating, and unifying these services. The platform is intended for individuals, the business sector, and government agencies that are integrated with the transportation system,” added the minister.
As for the Kingdom’s railway sector, the minister underlined that the expansion plans of the railways in the near future will focus on achieving connectivity both locally and in the region.
The sectoral rail strategy is set to add around 8,000 km to the current rail network, which is currently 5,500 km, according to Al-Jasser's statements to Asharq.
Another main concern of this strategy is Saudi Arabia’s rail transport of goods – the total tons transported on trains in 2022 is equivalent to the displacement of almost two million trucks from the Kingdom’s roads.