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NEWS

The Kingdom is the 1st in the Arab world and the 20th in the World in the Maritime Transport Industry

The Kingdom continues to top the lists of international reports in its continuous economic achievements. In a recent report issued by the United Nations Conference on Trade and Development, the report confirms that the Kingdom of Saudi Arabia ranked first in the Arab world and 20th in the world in maritime transport, as it advanced three steps in the global ranking this time.

This success comes due to the fact that the tonnage capacity of the Saudi maritime fleet exceeded 13.5 million tons, as mentioned by the Saudi Transport Authority.

On the banks of the Red Sea, through which about 15% of global trade passes, Saudi Arabia’s location was not only a site on the map, but it has made use of all these ingredients to create global success.

In its supreme vision 2030, the Kingdom aspires to maximum benefit and develop the maritime industries and Saudi maritime transport in line with global developments and meet the global market.

This success, announced by the United Nations Conference on Trade and Development (UNCTAD), embodies the Kingdom’s positive benefit from its basic assets, and that it is one of the most important Arab and international countries in maritime transport through its oil exports as well as commercial exports.

It is worth noting that the Kingdom ranked first in the Arab world for two consecutive years, as it ranked first in maritime transport operations last year, according to the United Nations report issued last year.

A statement issued by the (Transport Authority) confirmed that the Kingdom is on the verge of a major shift through the King Salman International Complex for Maritime Industries and its desire to develop its services in support of maritime tourism, pointing to the Kingdom’s commitment to all international treaties and charters issued by the International Maritime Organization, which is reflected in the facilitation of ship traffic and its support for the digital transformation.

This success for the Queen comes in the shadow of the (Covid-19) pandemic, which has thrown her astray into the world, which reflects the high ability of the Queen to reap achievements despite the crises.