International Finance Magazine’s Post

Saudi Arabia achieves remarkable maritime connectivity scores for the fifth consecutive quarter, scoring above 240 points on the UN’s Liner Shipping Connectivity Index. The Saudi Ports Authority, Mawani, attributes this success to the continuity of cargo flow and robust supply chains. With investments exceeding SR6 billion (€1.4 billion), Mawani has established nine integrated logistic zones and centers, further solidifying the Kingdom’s position as a global logistics hub. Additionally, initiatives to automate port operations and streamline import-export procedures aim to support national exports and attract international shipping lines. Looking to explore business opportunities in Saudi Arabia’s thriving maritime sector? The Arab Irish Chamber of Commerce offers invaluable support and resources for businesses seeking to expand their reach into the Arab world. With our expertise and network, we can help you navigate the complexities of international trade and foster successful partnerships. Discover more about how the AICC can empower your business ventures: www.aicc.ie #irishexports #maritimeindustry #saudiarabia Source: arabnews.com

A new shipping service will link Jeddah Islamic Port to four cities in China and one in Egypt. Announced by the Saudi Ports Authority and operated by NewNew Line, this service enhances the Kingdom's connectivity with global markets through weekly voyages, accommodating up to 4,000 containers. It's great to see such developments in the industry that increase globalisation and connectivity between markets. Reach out to Dexter Marine Group to see how we can support your maritime operations ⚓️ Stay connected for the latest maritime updates! #maritime #news #saudiarabia #china #egypt

Saudi Ports Authority Amplifies Maritime Excellence with New Contracts In a strategic move to elevate maritime services, the #SaudiPortsAuthority (Mawani) has signed four pivotal contracts at King Abdulaziz Port in Dammam. These contracts, totaling over SAR one billion, reflect a partnership with #ZamilMarineServices and #NaghiMarineCo, enhancing services at eight Saudi ports. This development is a testament to Saudi Arabia's dedication to global maritime standards, aligning with the #Vision2030 transport and logistics strategy. For further insights into these transformative contracts and their impact on Saudi's maritime sector, visit https://ayr.app/l/BwcC. #SaudiArabia #MaritimeServices #Logistics #Investment #EconomicGrowth #Vision2030 #Mawani #KingAbdulazizPort #PrivateSector

Saudi Arabia takes a giant leap towards global logistics dominance! With a whopping 6 billion riyals of investment, 9 logistic zones are set to transform Jeddah Port into a distribution powerhouse. This initiative is driving the development of Saudi Vision 2030, addressing issues related to the maritime sector, and promoting economic growth and job creation. Prepare for the day when Saudi Arabia becomes a major force in world trade! Source: https://lnkd.in/dAyEqwWN #saudiarabia #logisticexpansion #saudilogistics #CTWGlobalInsights #ctwsaudiupdates

As part of the Kingdom’s commitment to becoming a world-class logistics destination, it’s incredibly encouraging to see Saudi Arabia planning to have 59 Logistics Zones by 2030! That the Kingdom is also planning to increase its ports’ capacity to host more than 40 million containers by 2030 is a welcome signal of intent. #LogisticsKSA #supplychain #supplychainmanagement #warehousing #transportation #logistics #ksa

Saudi Arabia is aiming to become one of the most important countries in the world in contributing to supply chains, announced Transport Minister Saleh al-Jasser at the fifth Supply Chain and Logistics Conference taking place in Riyadh (22-23 October).   The Kingdom has jumped eight spots in the Lloyd's List classification of the world's 100 largest ports by container handling volumes. All the extra traffic underlines the importance of MENAS’ work to help keep vessels safe and protect the marine environment by providing vital aids to navigation in what is one of the busiest waterways in the world.   Read full story here: https://lnkd.in/ekPA5Y_u #aidstonavigation #saudi #maritime #supplychain #logistics #shipping #globalhub

Latest on International Trade Magazine: Saudi Arabia jumps eight places in rankings The Kingdom of Saudi Arabia was ranked sixteenth in annual container throughput by the 2023 edition of the Lloyd’s List One Hundred Ports, steadily improving on the 24th position it occupied last year. HE Saleh Al-Jasser, Minister of Transport and Logistics Services and Chairman of the Saudi Posts Authority (Mawani), stated on this occasion that the Kingdom’s remarkable leap is a direct result of the continuous support and empowerment from HRH Crown Prince Mohammed bin Salman Al Saud in the pursuit of fulfilling the ambitions of Vision 2030 that aim to transform the nation into a logistics leader on the global front and an engine for socioeconomic growth through capacity upgrades of up to 40 million TEUs. Read more here: https://lnkd.in/e_uvusrh #trade #freight #logistics #trading #supplychain Joseph Clarke Jon Pittock