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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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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- Binh Thuan Hamico - Vietnam
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- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
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- Parry Sugars Refinery, India
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- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
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- Singapore Mercantile Exchange
- MS Steel International - UAE
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- Planning Commission, India
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- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
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- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
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- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
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- Jaiprakash Power Ventures ltd
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- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
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- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
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- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
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- Power Finance Corporation Ltd., India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
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- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
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- Central Electricity Authority - India
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- Sindya Power Generating Company Private Ltd
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