Saudi Arabia inks SAR2.2bn ($586m) port privatisation contracts to transform logistics sector
Saudi ports
Latest in Saudi ports
DP World
DP World and the Saudi Ports Authority unveil $800m Jeddah Port terminal
DP World and the Saudi Ports Authority show off container terminal as Jeddah Islamic Port
Jubail Commercial Port
Saudi Ports Authority adds Jubail Commercial Port to India Gulf Service shipping route
The new cargo service will commence from February 12
maritime business
Saudi Ports launches new shipping service connecting India, Western Mediterranean
The new service will call at the ports of Jebel Ali, Mundra, Nhava Sheva, Djibouti, Gioia Tauro, Genoa, Barcelona, Valencia, Salerno, Marsaxlokk, King Abdullah, and Jeddah Islamic Port
Jubail Commercial Port
Mawani adds Jubail Commercial Port to India-East Med shipping service
The new service will connect the Kingdom to Turkey, the Indian subcontinent, Africa, and the Middle East
Mawani
Saudi ports container cargo handling posts 8.3% rise in November
The data for November showed a 10.57 percent increase in exported boxes at 183,023 TEUs, and a 12.66 percent rise in imported containers for last month at 189,029 TEUs
container terminal
Saudi Ports Authority adds Sea Lead to its new freight service ‘FAM’ at King Abdulaziz Port
The announcement coincided with the launch of the added EJBS service from the Emirates Shipping line, connecting Shuwaikh Port in Kuwait, Port of Jebel Ali in the UAE and Khalifa bin Salman Port in Bahrain to the Dammam port
container terminal
Saudi port sector registers 15.33% jump in container handling to 694,517 TEUs in October
The overall cargo throughput witnessed a 3.34 percent increase from 25,858,562 tonnes in October 2021 to 26,722,044 tons this year
Mawani
Saudi ports record over 9 percent rise in container handling in September 2022
In the wake of the stability of shipping prices, the cargo throughput at Saudi ports saw a 3.2 percent increase during the period to reach 25,678,865 tons
infrastructure projects
Saudi Ports Authority signs contracts for integrated logistics park, new births at Jeddah Islamic Port
The value of the new infrastructure projects to be implemented is to the tune of over SAR 900 million
cargo business
June cargo volumes at Saudi ports jump over 16 percent to reach 27 million tonnes
The developmental works launched by the Saudi Ports Authority (Mawani) to enhance operating performance and upgrade port capabilities have led to the surge in cargo output last month
Mawani
Saudi Ports Authority plans to award eight terminal concessions
Mawani launches the request for qualification for its priority concessions procurement project
PIF
Saudi sovereign fund PIF completes $140m deal for stake in port terminal
Public Investment Fund, Cosco Shipping each acquire 20% stake in Red Sea Gateway Terminal Limited
COSCO Shipping Ports
Saudi Jeddah port eyes overseas deals after wealth fund backing
Red Sea Gateway Terminal reveals $500m international investment plans over next three years
Captagon pills
Saudi officials stop Captagon smuggling plots
The illegal pills were found inside two separate vehicles
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