The Ministry of Transport is actively pursuing initiatives to enhance the operational capabilities of Aden Port, aiming to address the rising transportation costs affecting this vital economic hub. Deputy Minister of Transport Nasser Sharif has underscored the need to not only adjust fee structures but also to reevaluate the existing operational model of the port.
Despite its strategic location, Aden Port has been functioning predominantly as a “receiving port.” Deputy Minister Sharif emphasized that the Ministry’s vision includes transforming the port into a regional transshipment center, thereby increasing its significance in the national economy. He attributed the recent increase in shipping fees to external market factors, which have complicated operations.
One of the critical challenges highlighted by Sharif is the reliance on intermediary ports, which complicates the supply chain and elevates final costs. To mitigate these issues, the Ministry is focused on strengthening direct shipping routes to Aden Port. He asserted that attracting shipping lines that provide direct services and activating transit activities are essential steps towards increasing cargo volumes and achieving economies of scale, ultimately leading to reduced costs.
In support of these initiatives, the Ministry has engaged in productive discussions with the international shipping line “Sea Legend,” which has expressed serious interest in launching transit activities at Aden Port in the near future. This development reflects a growing confidence in the port’s capabilities and potential.
Sharif affirmed that the introduction of new shipping lines will offer traders a variety of options, thereby diminishing reliance on indirect routes. This strategic shift is expected to promote price stability and enhance the overall flow of trade through the port.
The Ministry of Transport remains committed to leveraging Aden Port’s potential to bolster the national economy and improve transportation efficiency.
The Ministry of Defense has opened registration for the 54th batch of the Military Academy…
Oil prices experienced a slight decline following significant previous gains, influenced by halted peace negotiations…
On Thursday, Council member Salem Al-Khanbashi met with a delegation from the Center for Humanitarian…
The dollar remains near its highest level in nearly ten days, influenced by rising oil…
Abdul Rahman Sheikh, Minister of State and Governor of Aden, met with CARE’s Deputy Director,…
President Dr. Rashad Mohammed Alimi reaffirmed the government's dedication to improving Al-Dhale'e Governorate during a…