The Yanbu Industrial Port (YIP) has registered record rates in the volume of goods handled with 13.7 million tons of goods and petroleum derivatives in a two-month period.

In February, YIP handled more than 6.3 million tons of goods of which 764,900 tons were imported while 5.5 million tons were in the form of exports.

In January, YIP handled 7,402,582 tons of different goods and petroleum products where the in-coming goods touched 694,834 tons compared to 6,707,748 tons in exports.

Recently, a group of investors visited the General Cargo and Container Terminal at the King Fahad Industrial Port (KFIP) in Yanbu to acquaint themselves with investments available at the port.

KFIP handled some 92 million of a variety of goods and petroleum derivatives in 2013 of which 9,124,872 tons were imported goods whereas the exported items reached 83,266,803 tons.

In a related development, a workshop was recently organized to explore ways to develop the Yanbu Commercial Port (YCP). The workshop, organized in cooperation with the German Foundation for International Cooperation, was meant to develop the port in the next 20 years in a manner that will upgrade rates of operation and satisfy customers’ requirements.

Earlier, Madinah Gov. Prince Faisal bin Salman laid the foundation stone for a number of development projects in Yanbu at an estimated cost of SR2.1 billion.