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Sunday, 26 February 23
MAWANI AND JEDDAH CHAMBER SIGN AN AGREEMENT TO BUILD INTEGRATED LOGISTICS PARK
 Press Release: The Saudi Ports Authority (Mawani) and Jeddah Chamber of Commerce and Industry have today inked an agreement to set up an integrated logistics park at Al Khumrah in the south of Jeddah at a cost of one billion riyals.
The logistics development will further bolster Mawani’s role as a key player in the national transportation ecosystem and boost its drive to position the Kingdom as a global logistics destination in line with the ambitions of the National Transport and Logistics Strategy (NTLS), alongside realizing the outcomes of the National Industrial Development and Logistics Program (NIDLP) that aim to transform Al Khumrah into a world-leading platform for logistics and supply chain activities.
Designed for optimum asset utilization, the park is set to create over 10,000 direct and indirect job opportunities in the logistics sector while strengthening Jeddah Islamic Port’s pivotal position as a major maritime hub delivering top-tier services and increased throughput capacity.
Spread over 3 sq. km., the logistics park comprises of three zones that include shared warehouses, medium-sized storage yards and single warehouses, and large storage yards and on-demand warehouses. The various zones fulfil importers’ and exporters’ requirements of stocking multipurpose cargo, chilled and frozen goods, food commodities, and fragile goods while maintaining the highest standards of safety and efficiency in addition to housing dedicated areas for administrative, commercial, and residential use as well as a one-stop services center.
The park offers move-in-ready warehouses, storage yards, re-export zones, custom storage, logistics amenities, commercial units, residential units, and staff accommodation in addition to state-of-the-art infrastructure like roads and green spaces as well as a host of other essential services.
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.
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Wednesday, 07 April 21
MARKET INSIGHT - INTERMODAL
Following the end of the catholic easter, during which the majority of shipping market participants were on holidays, it is interesting to note a f ...
Wednesday, 07 April 21
COAL USED TO GENERATE ELECTRIC POWER IN U.S. WILL INCREASE BY 13 PERCENT TO 495 MMST IN 2021 - EIA
EIA expects U.S. coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. In 2022, EIA expects coal production to grow by an addi ...
Wednesday, 31 March 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.12 PCT - XINHUA
China Taiyuan coal transaction price index stood at 139.03 points Monday, up 0.12 percent week on week.
The index, released by China ...
Wednesday, 31 March 21
MARKET INSIGHT - INTERMODAL
Over the past week, the biggest story has been the blockage of the Suez Canal, as a result of the grounding of the container ship Ever Given. At th ...
Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE
- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
- EBITDA is expected to ...
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- Australian Coal Association
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- Malabar Cements Ltd - India
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- Edison Trading Spa - Italy
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- Indogreen Group - Indonesia
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- Sical Logistics Limited - India
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- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
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- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
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- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
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- Bhoruka Overseas - Indonesia
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- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Minerals Council of Australia
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- London Commodity Brokers - England
- Economic Council, Georgia
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- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
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- Mjunction Services Limited - India
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- New Zealand Coal & Carbon
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- Renaissance Capital - South Africa
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- Rashtriya Ispat Nigam Limited - India
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- Commonwealth Bank - Australia
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- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
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- Alfred C Toepfer International GmbH - Germany
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- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
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- PTC India Limited - India
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- VISA Power Limited - India
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- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
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