THE Saudi Ports Authority, Mawani, will launch a major shipping project in partnership with folk Maritime at the Jeddah Islamic Port, reports Dubai's Logistics Middle East.
Mawani's US$170 million investment in the expansion of the Jeddah Islamic Port underscores its commitment to elevating Saudi's maritime infrastructure.
The project includes dredging new berths for larger vessels to boost port capacity, efficiency and attractiveness.
Aimed at enhancing Saudi connectivity with the North Red Sea ports, this project intends to solidify the kingdom's standing as a major global logistics hub.
The integration of this service aligns with the National Transport and Logistics Strategy (NTLS), targeting a transformative leap in the kingdom's logistics and transport sectors.
Folk Maritime, a company emerging as a leader in the Middle Eastern maritime sector, is central to the plan. Folk Maritime focuses on fostering the development of the logistics within the wider region.
The shipping service shows the collaborative efforts between Mawani and Folk Maritime meet the region's growing trade activities and market demands.
This service plans to facilitate connections between Jeddah Islamic Port and key regional ports such as Yanbu Commercial Port, Neom Port, Aqaba Port in Jordan, and Sokhna Port in Egypt.
Regular weekly trips with considerable capacity are set to improve Saudi Arabia's strategic importance in global trade logistics.
This initiative not only improves the competitiveness of Saudi ports but also supports the Kingdom's food security and
SeaNews Turkey
Mawani's US$170 million investment in the expansion of the Jeddah Islamic Port underscores its commitment to elevating Saudi's maritime infrastructure.
The project includes dredging new berths for larger vessels to boost port capacity, efficiency and attractiveness.
Aimed at enhancing Saudi connectivity with the North Red Sea ports, this project intends to solidify the kingdom's standing as a major global logistics hub.
The integration of this service aligns with the National Transport and Logistics Strategy (NTLS), targeting a transformative leap in the kingdom's logistics and transport sectors.
Folk Maritime, a company emerging as a leader in the Middle Eastern maritime sector, is central to the plan. Folk Maritime focuses on fostering the development of the logistics within the wider region.
The shipping service shows the collaborative efforts between Mawani and Folk Maritime meet the region's growing trade activities and market demands.
This service plans to facilitate connections between Jeddah Islamic Port and key regional ports such as Yanbu Commercial Port, Neom Port, Aqaba Port in Jordan, and Sokhna Port in Egypt.
Regular weekly trips with considerable capacity are set to improve Saudi Arabia's strategic importance in global trade logistics.
This initiative not only improves the competitiveness of Saudi ports but also supports the Kingdom's food security and
SeaNews Turkey
