The Saudi Port Authority (MAWANI) has held several meetings with major local and international shipping companies to increase container throughput, improve operating procedures, and transfer business to Saudi Arabia’s ports.
The plan is part of the MAWANI strategy to promote effective cooperation in Saudi Arabia’s import and export business ecosystem and support economic and commercial growth by promoting smoother trade.
MAWANI Chairman Omar Hariri held meetings with 15 countries and global shipping companies to discuss the latest developments in the maritime transport sector, formulate strategic plans for the growth of the country’s seaports, strengthen operational processes, and promote port services.
MAWANI stated that the goals include strengthening operational processes, increasing communication, supporting key business partners, and activating cooperation to bring added value to global shipping companies.
The council, which aims to attract more international companies, will also discuss the latest improvements in the maritime sector through regular meetings, formulate strategic plans for the development of the Kingdom’s seaports, and promote the benefits of its services to an international audience.
In this regard, Saudi Arabia has further developed its ports and transportation infrastructure under the supervision of MAWANI to meet the goals of the national transportation and logistics strategy.
The authorities have been promoting and supporting the logistics and operational capacity building of the country’s nine ports. In the past two years, MAWANI has opened 5 new routes, including the IO3 route that opened in January this year connecting Jeddah Islamic Port with ports in the Indian Ocean and Northern Europe.
At the same time, Saudi Arabia’s performance in the United Nations Conference on Trade and Development (UNCTAD) third quarter 2021 liner shipping connectivity index has improved.
In the Asian region, the country with the highest rate of increase is South Korea, which was 70.13 in the fourth quarter of last year (July to September) and 70.68 in the fourth quarter of last year (July to September). This is the result of strengthening the competitiveness of logistics and the status of the international maritime transport network.
The conference was attended by representatives of the world’s leading shipping companies, including Hubble-Lloyd, Maersk, CMA-CGM, Evergreen Shipping, Ocean Network Express (ONE), COSCO Shipping, Pacific International Shipping (PIL), Yangming Shipping Company, Hyundai Merchant Marine (HMM), Mediterranean Shipping Company (MSC), Orient Overseas Container Line (OOCL), Wan Hai Shipping Company and Japan Post Association (NYK Line).