Riyadh - Sharikat Mubasher: The Saudi Ports Authority (Mawani) has invested more than SAR 30 billion to develop ports since the launch of Vision 2030, raising its capacity by more than 50% in recent years, according to CEO Suliman Almazroua.
This development was not limited to infrastructure, but rather focused on transforming Saudi ports into integrated industrial and logistics hubs that promote regional and international trade and support value chains, Almazroua stated in an interview with Alarabiya Business.
This shift, which aligns perfectly with Vision 2030’s objectives, enabled Saudi ports to become an integral part of regional supply chains, helping several companies in the UAE, Qatar, and Bahrain to export their products with only 56% of ports’ capacity, the CEO explained.
In March, Mawani announced the launch of five new maritime shipping services in cooperation with the largest global shipping lines to strengthen the Kingdom’s maritime connectivity and integrate its ports with international markets.
The five services, Gulf Shuttle, Redex, Jade, AE19, and SE4, together provide a total handling capacity of 63,594 standard containers (TEUs). Individually, the Gulf Shuttle service offers a capacity of 3,000 TEUs, Redex 2,594 TEUs, Jade 24,000 TEUs, AE19 17,000 TEUs, and SE4 17,000 TEUs.
