KSA makes progress in the Maritime Navigation Connectivity Index achieving a score of 77.66 points

The Kingdom of Saudi Arabia has achieved a score of 77.66 points in the third report of the UNCTAD, Maritime Navigation Connectivity Index on the 3rd of October 2023. This is builds on the Kingdoms previous score of 76.16 points in the previous quarter.

The advancement in points demonstrates significant progress for the Kingdom in their path to developing the country into a global logistics and economic powerhouse. The Liner Shipping Connectivity Index (LSCI) is a comprehensive composite index that evaluates a country’s ports’ connectivity with the rest of the world. It takes into account several key factors, including the number of shipping lines serving the country, the largest vessel serving the country, the number of services connecting the country to other nations, and the total number of vessels deployed to the country along with their total TEU (Twenty-foot Equivalent Unit) capacity.

The Minister of Transport and Logistics Services and Chairman of the Saudi Ports Authority (Mawani), Eng. Saleh bin Nasser Al-Jasser, hailed the Kingdom’s Leadership, commending Mawani’s crucial role in laying the groundwork for the latest success with the addition of 24 cargo services across 2023.

This achievement will further enhance Saudi Arabia’s competitiveness on the world scale, boost foreign trade volumes, unlock new economic possibilities, and attract world-class investments to the Kingdom’s shores.

This marks a key development milestone in the national maritime regulator’s efforts to cement the Kingdom’s standing on the global stage and advance its ranking in major international indices, the LSCI feat comes no sooner after Saudi Arabia grabbed the 38th position among 160 countries this year in the World Bank’s Logistics Performance Index (LPI) and the 16th spot in the 2023 edition of the Lloyd’s List 100 Ports for its annual throughput volumes.

Saudi Arabia’s commitment to enhancing its maritime infrastructure and capabilities is a key aspect of their Vision 2030 goals. The Kingdom will continue to focus on developing the maritime sector and building it towards a sustainable logistics powerhouse.