Jeddah Islamic Port

SAL, Mawani Sign Contract to Establish Logistics Park at Jeddah Islamic Port with a Total Area of 54,000 Square Meters

Retrieved on: 
Friday, November 17, 2023

"SAL" Saudi Logistics Services has signed a contract to establish a logistics park at Jeddah Islamic Port, with a total area of 54,000 square meters, to enhance sea and air connectivity; which will contribute in improving the logistics services provided, aiming to raise the Kingdom's ranking in international indicators.

Key Points: 
  • "SAL" Saudi Logistics Services has signed a contract to establish a logistics park at Jeddah Islamic Port, with a total area of 54,000 square meters, to enhance sea and air connectivity; which will contribute in improving the logistics services provided, aiming to raise the Kingdom's ranking in international indicators.
  • This press release features multimedia.
  • This agreement is aligned with SAL’s vision in becoming the logistics champion for a globally connected Saudi Arabia as well as the company’s strategy to expand its offerings across the logistics sector.
  • With cargo handling and logistics solutions mature Strategic Business Units, this logistics park will allow SAL to penetrate the fulfillment industry at large cementing SAL as the National Logistics Champion.

Saudi Arabia Construction Equipment Market Assessment & Forecasts Report 2023-2029 Featuring Prominent Vendors - Caterpillar, Volvo, Liebherr, Komatsu, Hitachi, Kobelco, CNH, JCB, XCMG, and SANY - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 9, 2023

The Saudi Arabia construction equipment market is expected to grow at a CAGR of 5.47% during 2022 to 2029.

Key Points: 
  • The Saudi Arabia construction equipment market is expected to grow at a CAGR of 5.47% during 2022 to 2029.
  • Earthmoving equipment accounted for the largest market share of 47.7% in Saudi Arabia construction equipment market in 2022.
  • Hence, growth in the mining industry is expected to drive the sale of large excavators in the Saudi Arabia construction equipment market.
  • Prominent vendors in the Saudi Arabia construction equipment market are Caterpillar, Volvo Construction Equipment, Liebherr, Komatsu, Hitachi Construction Machinery, Kobelco, CNH Industrials, JCB, XCMG, and SANY.

Middle East container ports are the most efficient in the world

Retrieved on: 
Wednesday, May 25, 2022

NEW YORK, May 25, 2022 /PRNewswire/ -- Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence. CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy.

Key Points: 
  • NEW YORK, May 25, 2022 /PRNewswire/ --Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence.
  • CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global economy.
  • In the Middle East, heavy investments in container port infrastructure and technology are proving to be effective."
  • The new report also highlights the resilience of East Asian ports and the capacity of Chinese ports in particular to effectively handle challenges brought about by the pandemic.

MAWANI boosts Kingdom's bid to become global logistics hub

Retrieved on: 
Monday, January 24, 2022

2021 represented a banner year in the Kingdom's drive to become a global logistics hub that connects three continents.

Key Points: 
  • 2021 represented a banner year in the Kingdom's drive to become a global logistics hub that connects three continents.
  • The Kingdom also moved up on the Liner Shipping Connectivity Index during Q3 2021to lead the region with 70.68 points.
  • In its bid to bolster the Kingdom's competitive edge, MAWANI had inked a deal with Maersk to invest SAR500 million for setting up a fully integrated logistics zone at Jeddah Islamic Port, which is set to be the largest in the Middle East.
  • Work also commenced on the development of Phase 1 of the SAR3 billion South Container Terminal at Jeddah Islamic Port by DP World.

MAWANI boosts Kingdom's bid to become global logistics hub

Retrieved on: 
Monday, January 24, 2022

RIYADH, Saudi Arabia, Jan. 24, 2022 /PRNewswire/ -- The Saudi Ports Authority (MAWANI) has been instrumental in strengthening the Kingdom's maritime sector in 2021, helping the nation make its mark on the global shipping and freight landscape. 2021 represented a banner year in the Kingdom's drive to become a global logistics hub that connects three continents.

Key Points: 
  • 2021 represented a banner year in the Kingdom's drive to become a global logistics hub that connects three continents.
  • The Kingdom also moved up on the Liner Shipping Connectivity Index during Q3 2021to lead the region with 70.68 points.
  • In parallel with the launch of the National Transport and Logistics Strategy, MAWANI announced its blueprint for a prosperous and sustainable maritime sector that includes initiatives to develop the national economy and transform Saudi ports into investment magnets.
  • In its bid to bolster the Kingdom's competitive edge, MAWANI had inked a deal with Maersk to invest SAR500 million for setting up a fully integrated logistics zone at Jeddah Islamic Port, which is set to be the largest in the Middle East.