The Saudi Ports Authority "MAWANI" announced today the launch of a new transshipment service linking King Abdulaziz Port in Dammam, Khalifa bin Salman Port in Bahrain, and the Far East ports, in partnership with the Saudi International Ports and Shipping Line (OOCL), which represents a further step corresponding to MAWANI's strategy to increase the efficiency of linking Saudi ports with international ports, and to attract major international shipping line companies. The new service, which will kick start from King Abdulaziz Port, aims to increase transshipment quantities and enhance the flow of commercial traffic between Saudi Arabia and the regional and international destinations across the world. MAWANI seeks, per its ambitious strategy, to advance the Kingdom's share in the transshipment market from 21% currently to 50% by 2030, in addition to gaining the largest share of maritime trade transiting the Red Sea, and attracting an additional share of transshipment operations around the world to Saudi ports through the implementation of various pioneering projects, which will contribute to consolidating the Kingdom's position as a global center for logistics services, in line with the objectives of the national strategy for transport and logistics services.
