globalbizmag.com
The Saudi Ports Authority (Mawani) has announced the addition of Jubail Commercial Port to India to East Med shipping service by MSC (Mediterranean Shipping Company).
With the arrival of container vessel MSC ELLEN, the Saudi ports sector is set to welcome yet another trade link from leading shipping lines who are increasingly choosing the Kingdom as a vital port of call given its strategic location at the crossroads of three major continents besides being home to world class logistics infrastructure.
The new service will connect the Kingdom to Turkey, the Indian Subcontinent, Africa, and the Middle East via weekly sailings to the ports of Khalifa, Jebel Ali, Hamad, Karachi, Mundra, Hazira, Alexandria, Tekirdag, Aliaga, Mersin, and King Abdullah on board five vessels that have an average carrying capacity of 8,000 TEUs.
The latest route will play a pivotal role in positioning Jubail Commercial Port as a competitive hub and uncover a host of value-added opportunities for importers, exporters, and shipping lines in line with the objectives of the National Transport and Logistics Strategy (NTLS).
Efficient Gateway
Modernised to handle vessels of all shapes and sizes, Jubail Commercial Port provides a cost-effective and efficient gateway for local industries to export their products to global markets and import their raw materials. It also serves as a key driver of Saudi foreign trade besides bolstering economic growth in the Eastern Region.
Jubail Commercial Port operates as a gateway to local industries to export their products to global markets bolstering Saudi foreign trade and economic growth.
Saudi Arabia’s ports sector is set to welcome other trade links from leading shipping lines that are choosing the Kingdom as a vital port thanks to its strategic location at the crossroads of three continents.
It may be recalled that Mawani and MSC’s MEDLOG also signed an agreement last week to establish the first-ever integrated logistics park and re-export zone at King Abdulaziz Port with an investment exceeding $26 million.
Also last week, another shipping service connecting India to East Med commenced linking Qatar’s Hamad port with other global ports including Jubail Commercial Port.
Mawani has signed partnerships worth over $500 million with national and international giants in the last two years to establish six modern logistics parks that could create more than 6,000 direct and indirect job opportunities.
Saudi Ports Authority was established in 1976 to transform the Kingdom’s ports into investment platforms and facilitate the Kingdom’s trade with the rest of the world.
It seeks an effective regulatory and commercial environment supported by an operating model that enables growth and innovation in the Kingdom’s maritime industry.
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