Saudi Arabia improves score in Liner Shipping Connectivity Index

Saudi Arabia’s score of 76.16 for the second quarter of 2023 compared to 73.09 for the first quarter of 2023 and 70.49 for the second quarter of 2022. The score means the Kingdom retains its 16th placeth position in the Index rankings, improving from 18th place in the second quarter of 2022.

The position represents an improvement from the second half of 2022 when Saudi Arabia slipped to 20th and 21St Position.

LSCI is an index that allows comparing the container shipping connectivity of countries based on the number of shipping companies serving the country, the largest vessel serving the country, the number of services connecting a country to other countries and the Total number of ships deployed to a country and their total TEU capacity.

According to Mawani, Saudi Arabia currently has 97 shipping links to 348 ports around the world.

HE Eng. Saleh Al-Jasser, Minister of Transport and Logistics Services and Chairman of the Saudi Ports Authority (Mawani), thanked the kingdom’s leadership for “their unwavering support of the country’s transport, logistics and ports sectors, noting that this landmark achievement has enlightened the country.” will strengthen.” Competitive position on the global nautical chart.”

Al-Jasser said that the addition of 20 shipping services to the Saudi port network in the first half of 2023 by global carriers has played a key role in increasing its attractiveness, optimizing operational efficiencies and cementing its position as a leading logistics hub of choice.

In the World Bank’s Logistics Performance Index (LPI) – another trade connectivity benchmarking tool – the kingdom recently rose 17 spots to 38thth Position in 2023 compared to 55 in 2018 and 52 in 2016.

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