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Investor Relations
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FinancialNews
03-01-23
Saudi Arabia declares additional exporting service to link Jubail Port with 11 international ports
(MENAFN) Saudi Arabia’s ports industry has established an additional exchange link from a top shipping line, with the Kingdom’s Jubail Commercial Port connecting with Turkey, the Indian Subcontinent, Africa, and the Middle East, as declared by the Saudi Ports Authority, also known as Mawani.
To be functioned by the Mediterranean Shipping Co., the additional service is going to link Jubail Port with 11 international ports through weekly sailings to Middle Eastern ports Khalifa, Jebel Ali, Hamad, Karachi, Mundra, Hazira, Alexandria, Tekirdag, Aliaga, Mersin, as well as King Abdullah. The service is going to function five ships with an average loading volume of 8,000 twenty-five equivalent units.
The most recent path is going to put Jubail Port as a competitive center and expose a host of value-added chances for shippers into and out of the nation along with the targets of the Kingdom’s National Transport and Logistics Strategy, as shown by a press release.
Jubail Commercial Port functions as a gateway to regional industries to ship their outputs to worldwide markets surging Saudi foreign exchange and financial expansion.
MENAFN03012023000045014228ID1105376774
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