Vision 2030

Logistics: new shipping route links Jeddah Islamic port to northern European ports and Indian Oceans

 

On January 20th, The Saudi Ports Authority (Mawani) has announced the launch of a new shipping service from Jeddah Islamic Port. The new line (IO3) will link Jeddah Islamic Port with the Indian Ocean and northern European ports.

 

The service will consist of seven vessels with a capacity equivalent to 8,500 standard containers per vessel, approximately 48 vessels per year, which will allow a greater cargo capacity.

 

The new shipping line is the result of Mawani’s strategic partnerships with some of the largest shipping companies in the world, such as Hapag Lloyd, CMA CGM, COSCO and ONE. Through the launch of the new line, Mawani aims to enhance the international connectivity of Jeddah Islamic Port and attract major shipping companies 

 

The new shipping line is a major step forward by Mawani, and is part of the National Industrial Development and Logistics Program (NIDLP). The program aimes at strengtheing the Kingdom’s position as a leading hub for logistics services and a facilitator of global supply chains, in line with the strategic objectives of the Saudi Vision 2030 to enhance the Kingdom’s position in the investment and logistics arena.

 

Sources: https://www.spa.gov.sa/viewfullstory.php?lang=en&newsid=2182154#2182154

 

 

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