Saudi Arabia made historical progress, scoring 79.01 in UNCTAD shipping index Q4
Posted on December 18, 2023 |
Saudi Arabia has achieved notable progress in line with the National Transport and Logistics Strategy (NTLS), strengthening its global competitiveness.
The Saudi Ports Authority (Mawani) sees its best improvement in UNCTAD's Liner Shipping Connectivity Index (LSCI) for Q4 2023, earning an impressive score of 79.01 points.
This success follows recent major achievements, including a Q3 score of 77.66, reinforcing Saudi Arabia's position on the world stage.
In 2023, collaborative efforts resulted in adding 28 new cargo services with leading shipping liners, contributing to improved logistics capabilities.
Notably, Saudi Arabia's handling of containers made significant progress, moving up from the 24th to the 16th position in the Lloyd's List One Hundred Ports rankings.
The Kingdom also shows substantial improvement in global logistics, jumping 17 places to secure the 38th position out of 160 countries in the World Bank's Logistics Performance Index (LPI).