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Partners with Hapag Lloyd, CMA CGM, COSCO and ONE for new lane connecting Indian Ocean ports with Europe
Saudi Ports Authority (Mawani) has announced the launch of a new shipping service from Jeddah Islamic Port, complementing its strategic partnerships with some of the largest shipping companies in the world such as Hapag Lloyd, CMA CGM, COSCO and ONE.
The introduction of the new service reflects the confidence of global shipping lines in Mawani’s capabilities and the prominent position of Jeddah Islamic Port in global trade.
The new shipping line is a major step forward under the National Industrial Development and Logistics Program (NIDLP), building on achievements during the past year with the support of the Saudi logistics sector and the guidance of His Excellency the Minister of Transport.
The new line (IO3) will be linking Jeddah Islamic Port with the Indian Ocean and northern European ports.
The service will consist of seven vessels with a capacity equivalent to 8,500 standard containers per vessel, approximately 48 vessels per year, which will allow a greater cargo capacity.
Through the launch of the new line, Saudi Ports Authority aims to enhance the status of Jeddah Islamic Port as a direct point of connectivity between the ports of the East and the West, enabling the port to benefit from its strategic location between three key continents.
It will also help strengthen the Kingdom’s position as a leading hub for logistics services and a facilitator of global supply chains.