Vehicle Congestion at King Abdulaziz Port Prompts Urgent Action by Saudi Ports Authority

Imported cars at Jubail Port in eastern Saudi Arabia. (Asharq Al-Awsat)
Imported cars at Jubail Port in eastern Saudi Arabia. (Asharq Al-Awsat)
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Vehicle Congestion at King Abdulaziz Port Prompts Urgent Action by Saudi Ports Authority

Imported cars at Jubail Port in eastern Saudi Arabia. (Asharq Al-Awsat)
Imported cars at Jubail Port in eastern Saudi Arabia. (Asharq Al-Awsat)

The Saudi Ports Authority (Mawani) has launched urgent measures to address growing congestion at King Abdulaziz Port in Dammam, particularly in areas designated for vehicle storage. According to sources, the authority is urging importers to quickly complete customs clearance procedures to prevent further delays.

The authority has shortened the clearance period for shipments in storage yards as part of efforts to boost trade flows with global markets, stimulate maritime-related sectors, improve supply chain efficiency, and support maritime activity. The measures are aligned with the Kingdom’s Vision 2030 goals of establishing Saudi Arabia as a global logistics hub and key player in international trade.

The authority highlighted challenges posed by the increasing number of incoming ships and imported cargo, noting that storage areas are becoming congested, particularly with vehicles. Delays in clearing shipments by some importers have disrupted vessel handling operations, underscoring the need for immediate action.

Mawani stressed that efficient port operations require cooperation from all beneficiaries, particularly vehicle agents and other importers with cargo at King Abdulaziz Port.

It urged all parties to complete clearance and take delivery of shipments promptly to avoid operational disruptions, and confirmed that new vehicles meet all customs requirements and can be cleared and collected immediately upon unloading.

The ports supervised by the authority recorded a 12.01 percent increase in handled containers in July, reaching 722,502 TEUs compared to 645,019 TEUs in the same period last year. Transit containers rose 35.34 percent to 175,666 TEUs, up from 129,797 TEUs in 2024. Export containers increased by 12.86 percent to 275,098 TEUs, compared to 243,757 TEUs previously.

Inbound containers saw a slight increase of 0.10 percent, totaling 271,738 TEUs versus 271,465 TEUs last year. Overall cargo throughput, including general cargo, solid bulk, and liquid bulk, rose 2.81 percent to 21.18 million tons, compared to 20.60 million tons in the previous year.

General cargo accounted for 461,958 tons, solid bulk for 4.096 million tons, and liquid bulk for 16.622 million tons. The port also received 582,708 heads of livestock, a 13.18 percent increase over 514,864 heads last year.

Maritime traffic rose 11.27 percent to 1,017 vessels, up from 914, while passenger numbers surged 41.70 percent to 73,953 passengers compared to 52,191 in 2024. Vehicle movements, however, fell 22.66 percent to 69,969 units, down from 90,471 the previous year.



Mawani Reports 2.01% Increase in Container Throughput for January 2026

Mawani Reports 2.01% Increase in Container Throughput for January 2026
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Mawani Reports 2.01% Increase in Container Throughput for January 2026

Mawani Reports 2.01% Increase in Container Throughput for January 2026

Ports overseen by the Saudi Ports Authority (Mawani) reported a 2.01% increase in container handling for January 2026, totaling 738,111 TEUs, up from 723,571 TEUs in January 2025. Transshipment containers rose significantly by 22.44%, reaching 184,019 TEUs compared to 150,295 TEUs the previous year.

However, the number of imported containers decreased by 3.23% to 284,375 TEUs, and exported containers dropped by 3.47% to 269,717 TEUs year-over-year, SPA reported.

Passenger numbers surged by 42.27%, totaling 143,566 passengers compared to 100,909 last year. Vehicle volumes increased by 3.31% to 109,097, and the ports received 886,908 heads of livestock, a 49.86% increase from the same period in 2025.

In terms of cargo tonnage, liquid bulk cargo rose by 0.28% to 14,102,495 tons, general cargo totaled 839,987 tons, and solid bulk cargo reached 4,263,168 tons. The total tonnage handled was 19,205,650 tons, reflecting a 3.04% decrease from the previous year. Vessel traffic recorded 1,121 ships, a slight decrease of 1.75%.

This increase in container throughput supports trade, stimulates the maritime transport industry, and enhances supply chains and food security. These achievements align with the National Transport and Logistics Strategy, reinforcing Saudi Arabia's position as a global logistics hub.

In 2025, Mawani ports achieved a 10.58% increase in total handled containers, reaching 8,317,235 TEUs, while transshipment containers for the year rose by 11.78% to 1,927,348 TEUs.


Oil Prices Edge Lower as IEA Reduces Demand Forecast

Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. REUTERS/Leonardo Fernandez Viloria/File Photo
Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. REUTERS/Leonardo Fernandez Viloria/File Photo
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Oil Prices Edge Lower as IEA Reduces Demand Forecast

Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. REUTERS/Leonardo Fernandez Viloria/File Photo
Oil platforms and pumpjacks at Lake Maracaibo, in Cabimas, Venezuela, January 26, 2026. REUTERS/Leonardo Fernandez Viloria/File Photo

Oil prices slipped on Thursday as investors weighed the International Energy Agency's lowering of its global oil demand forecast for 2026 against potential escalation of US-Iran tensions.

Brent crude oil futures were down 19 cents, or 0.27%, at $69.21 a barrel by 1232 GMT. US West Texas Intermediate crude fell 8 cents, or 0.12%, to $64.55.

Global oil demand will rise more slowly than previously expected this year, the IEA said on Thursday while projecting a sizeable surplus despite outages that cut supply in January.

The Brent and WTI benchmarks reversed gains to turn negative after the IEA's monthly report, having derived support earlier from concerns over the US-Iran backdrop.

US President Donald Trump said after talks with Israeli Prime Minister Benjamin Netanyahu on Wednesday that they had yet to reach a definitive agreement on how to move forward with Iran but that negotiations with Tehran would continue.

Trump had said on Tuesday that he was considering sending a second aircraft carrier to the Middle East if a deal is not reached with Iran. The date and venue of the next round of talks have yet to be announced.

A hefty build in US crude inventories had capped the early price gains. US crude inventories rose by 8.5 million barrels to 428.8 million barrels last week, the Energy Information Administration said, far exceeding the 793,000 increase expected by analysts in a Reuters poll.

US refinery utilization rates dropped by 1.1 percentage points in the week to 89.4%, EIA data showed.

On the supply side, Russia's seaborne oil products exports in January rose by 0.7% from December to 9.12 million metric tons on high fuel output and a seasonal drop in domestic demand, data from industry sources and Reuters calculations showed.


Saudi Aramco Reportedly Sells Oil from Jafurah Field as Huge Project Starts

Saudi Aramco's Jafurah project. Photo: Aramco
Saudi Aramco's Jafurah project. Photo: Aramco
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Saudi Aramco Reportedly Sells Oil from Jafurah Field as Huge Project Starts

Saudi Aramco's Jafurah project. Photo: Aramco
Saudi Aramco's Jafurah project. Photo: Aramco

Saudi Aramco sold oil from its $100 billion Jafurah project in the first reported export from the massive natural gas development, Bloomberg reported.

Jafurah is Aramco’s first unconventional field, developed using the type of hydraulic fracturing, or fracking, techniques pioneered in the US shale patch.

The deposit, which Chief Executive Officer Amin Nasser calls the company’s crown jewel, will produce massive amounts of natural gas once at capacity, expected in 2030. It also has plentiful volume of liquid fuels that will boost the company’s returns, Nasser has said.

The oil that Aramco sold is condensate, a light oil liquid that’s often found in gas deposits, according to traders with knowledge of the purchases. It will go to buyers in Asia for loading later this month or in early March, Bloomberg quoted the traders as saying.