Saudi Arabia: New Shipping Service Announced
Nuom News, 30 October 2023: Saudi Arabia’s General Ports Authority or Mawani has announced the launch of a new shipping service.
CMACGM has launched a new India Gulf Express shipping service to King Abdulaziz Port in Dammam.
The new shipping service connects King Abdulaziz Port in Dammam with seven regional and international ports including Nhava Sheva, Mundra and Mangalore in India, Colombo in Sri Lanka, Jebel Ali and Khalifa in the UAE and Umm Qasr in Iraq.
It will operate four ships a week, with a total capacity of up to 9,800 containers.
It will improve the operational capabilities of King Abdulaziz Port in Dammam.
It will boost trade and export activity and increase the Kingdom’s links with global markets.
In addition to improving economic growth by reducing the time required for imports and exports, it will also reduce the cost of sea freight to and from the Kingdom’s ports, in line with the National Strategy for Transport and Logistics Services.
Click here to read more.
For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.
You can also explore the legal landscape by subscribing to our Weekly Newsletter.
Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.