News

Aug 02, 2023

Asyad line adds Jeddah to REX freight service

Introduced in May, the new cargo route utilizes two vessels with a capacity of

Introduced in May, the new cargo route utilizes two vessels with a capacity of 2,800 TEUs to connect Jeddah to the ports of Nhava Sheva, Mundra, Salalah, and Sokhna

Riyadh: The Saudi Ports Authority (Mawani) has announced the addition of Jeddah Islamic Port to the REX shipping service operated by Asyad Line, a part of Oman's global integrated logistics provider Asyad Group.

Introduced in May, the new cargo route utilizes two vessels with a capacity of 2,800 TEUs to connect Jeddah to the ports of Nhava Sheva, Mundra, Salalah, and Sokhna.

The latest call will boost Mawani's aims to enhance the competitive edge of the Kingdom's busiest hub and its container operators besides expanding the Kingdom's maritime connectivity and trade output in line with the objectives of the National Transport and Logistics Strategy (NTLS).

With an eye on positioning Jeddah among the world's top ten hubs, the Red Sea port is undergoing a series of infrastructure upgrades, which include the deepening of approach channels and turning basins, and building new berths, to enable greater maritime traffic and bolster its best-in-class logistics offerings in support of the nation's economic development and diversification drive.

-Ends-

About the Saudi Ports Authority (Mawani)

Saudi Ports Authority (Mawani) was established in 1976 to oversee the operations of the Saudi ports. Since its inception, Mawani has been keen on transforming the Saudi ports into investment platforms and facilitating the Kingdom's trade with the rest of the world. The Authority seeks to achieve an effective regulatory and commercial environment supported by an operating model that enables growth and innovation in the Kingdom's maritime industry. It also envisions developing a sustainable and prosperous ports sector to consolidate the Kingdom's position as a leading global logistics hub. Mawani strives to realize Saudi Arabia's economic and social ambitions by ensuring reliable and efficient logistics operations, as well as creating a safe and sustainable maritime environment. Developing the Kingdom's industrial capabilities to fulfill the objectives of the National Transport Strategy in line with Saudi Vision 2030, has and will always be one of Mawani's main objectives, thus contributing to making Saudi Arabia a pioneer in the ports sector.

Find out more at mawani.gov.sa For media inquiries: [email protected]

© Press Release 2022

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an "as is" and "as available" basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.