Saudi Arabia looks to raise the maritime sector’s contribution to the Saudi economy by four times its current level
maritime hub
Latest in maritime hub
Abu Dhabi
Abu Dhabi Customs announces launch of new corporate identity
The new logo has a distinguished dark green color to signify sustainability and the adoption of innovative solutions in developing services and customs procedures
direct freight service
Dubai’s DP World launches new direct freight service for UAE, Iraq
The service, named P&O Maritime Transports, focuses on transporting “unaccompanied trailers” between the two countries
container terminal
Dubai’s DP World growth way ahead of industry at 3.5 percent in second quarter
Chairman Sultan Ahmed Bin Sulayem maintains a positive outlook for the second half of the year despite uncertain economic conditions
acquisitions
“Uncertain macro environment” contributes to softened volume growth for DP World in Q1 2022
DP World’s gross container volumes increased by 1.7 percent year-on-year on a reported basis and up 1.9 percent on a like-for-like basis
Abu Dhabi
AD Ports Group’s net profits soar to $232.2mn in 2021 driven by volume growth, diversification, and partnerships
General cargo volumes reached record levels of 45 million metric tonnes in 2021, up from 30 million metric tonnes in 2020
foreign investment
Saudi issues licence to Maersk to operate in all ports
The licence is the fourth of its kind to be issued to foreign investors in Saudi Arabia
Background
Khalifa Port receives world’s largest mega-vessels
The CSP Abu Dhabi Terminal is built and operated by China’s Cosco Shipping Ports, CSP, in partnership with Abu Dhabi Ports
Customs & Free Zone Corporation
Dubai climbs global list of top maritime hubs
New report ranks Dubai as the leading maritime hub in the Middle East, India and Africa and ninth globally
Dubai Harbour
Revealed: Dubai Harbour’s new superyacht marina
The official reveal for the development near Palm Jumeirah will take place at the Dubai International Boat Show (DIBS)
Abu Dhabi
China’s CSP and Abu Dhabi Ports launch new terminal at Khalifa Port
Chinese and UAE officials say the terminal will help Abu Dhabi became a key hub along the New Silk Road
DP World
Dubai named among world’s top 5 shipping hubs
Emirate rises up the latest edition of the International Shipping Centre Development Index which is topped by Singapore
cruise tourists
In pictures: New ‘Dubai Cruise Terminal’ major maritime hub at Dubai Harbour
Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, has approved plans to make the Dubai Cruise Terminal the main hub in the emirate, with a launch date of October 2020 slated.
