The Saudi Ports Authority (Mawani) has partnered with DP World to launch the first direct shipping line that links Jebel Ali Port in Dubai, UAE, with Sokhna Port in Egypt via Jeddah Islamic Port in Saudi Arabia.
It will be the start of a new phase in the shipping industry of the region. It will be the fourth shipping line to be introduced by Mawani this year.
The Government of Dubai’s Media Office said that the move was supervised and followed up by Saudi Arabian Minister of Transport Saleh Bin Nasser Al-Jasser.
The Ministry of Transport aims to connect the country with the neighbouring countries by sea, land and air.
It is expected to generate different opportunities that use the location of Saudi Arabia and connect it with Europe and Africa.
In December last year, DP World won a 30-year build-operate-transfer (BOT) concession from Mawani to manage and develop the Jeddah South Container Terminal.
Mawani president Saad Alkhalb said: “The launch of the new shipping line is part of Mawani’s ambitious initiatives to achieve its strategic goals set by the National Industrial Development and Logistics Programme (NIDLP) to support economic growth, foster investments and contribute to achieving Saudi Vision 2030 positioning Saudi Arabia as a global centre for logistics.”
DP World group chairman and CEO Sultan Ahmed Bin Sulayem added: “The launch of the first dedicated shipping service connecting Jebel Ali, Jeddah and Sokhna will be a game-changer in promoting the much-needed intra-regional trade.
“This development is also the result of the encouragement and drive by his excellency Eng Saad Alkhalb, President of the Saudi Ports Authority. The shipping line will directly benefit the Arab world’s three largest markets.
“We are committed to delivering best-in-class efficiency and productivity, using smart technology-led logistics.”
In October last year, Mawani established the Al Khomra Logistics Zone in Jeddah to reduce Saudi Arabia’s economic dependence on oil.