Saudi Arabia’s ports sector added another trade link from a leading shipping line. The Kingdom’s Jubail Commercial Port got connectivity with Turkey, India, Africa, and the Middle East, as per the announcement from the Saudi Ports Authority, also known as Mawani.
The new service will be operated by the Mediterranean Shipping Co. and it will connect Jubail Port with 11 other global ports via weekly sailings to Middle Eastern ports Khalifa, Jebel Ali, Hamad, Karachi, Mundra, Hazira, Alexandria, Tekirdag, Aliaga, Mersin, and King Abdullah. The service will operate five vessels with an average carrying capacity of 8,025 equivalent units.
The development will position Jubail Port as a competitive hub, apart from uncovering a host of value-added trade opportunities aligned with the objectives of the Kingdom’s National Transport and Logistics Strategy.
Jubail Port operates as a gateway for local industries to export their products to global markets, bolstering Saudi Arabia’s foreign trade and economic growth.
Saudi Arabia’s ports sector will also welcome other trade links from leading shipping lines that are choosing the Kingdom as a vital port, due to its strategic location at the crossroads of three continents, Mawani added.
Mawani and MSC’s MEDLOG recently signed an agreement to establish the first-ever integrated logistics park and re-export zone at King Abdulaziz Port with an investment exceeding USD 26 million.
Another shipping service connecting India to East Mediterranean commenced linking Qatar’s Hamad port with other global ports including Jubail.
Since 2020, Mawani had struck partnerships worth over USD 500 million with national and international giants to establish six modern logistics parks, thus creating over 6,000 job opportunities.
Mawani was established in 1976 to transform Saudi ports into investment platforms and facilitate the Kingdom’s trade with the rest of the world.
The Authority seeks an effective regulatory and commercial environment supported by an operating model that enables growth and innovation in the Kingdom’s maritime industry.