Arab News, Tue, Apr 02, 2024 | Ramadan 23, 1445
Saudi ports enhance Red Sea connections with new NRS shipping service
Saudi Arabia:
A new shipping service connecting Jeddah to the northern Red Sea has been
launched by Saudi independent short-sea service provider Folk Maritime,
indicating growth in the Kingdom's maritime sector.
The Saudi Ports Authority, also known as Mawani,
has announced that the offering will link Jeddah Islamic Port, Yanbu Commercial
Port, and NEOM Port, all in the Kingdom, to Aqaba Port in Jordan and Ain Sokhna
Port in Egypt.
The service, referred to as NRS, will operate
through regular weekly trips, with a capacity of up to 1,300 standard
containers.
This move aims to support the needs of the growing
market and trade in the region. Additionally, it serves to reinforce the
Kingdom’s position as a global logistics hub connecting three continents, in
accordance with the objectives of the National Strategy for Transport and
Logistic Services.
Moreover, the new service falls within the
framework of joint cooperation between the authority and Folk Maritime.
This collaboration aims to expand the company’s
operational and logistical capabilities as a new operator in the regional market
and as the first Saudi shipping line specializing in both container and feeder
ships.
Furthermore, the introduction of new shipping
services to Jeddah Islamic Port contributes to reinforcing its pivotal position
due to its strategically advantageous location. This allows it to serve as a
crucial hub connecting Europe, Asia, and Africa.
It also confirms the port’s competitive advantage
in front of exporters, importers, and shipping agents, as it is the first harbor
on the Red Sea coast in the field of transit maritime trade and the
transshipment of containers and goods.
In March, Mawani and MEDLOG signed an agreement to
establish an integrated logistics zone in Jeddah.
The government agency partnered with the logistics
arm of the Mediterranean Shipping Co. to develop the integrated zone, with an
investment value forecasted to reach up to SR175 million ($46.6 million),
according to a statement released at the time.
The project included an integrated services site
for container maintenance and inspection, aiming to provide 400 direct and
indirect job opportunities and to train national staff in the logistics services
sector, the statement added.
In addition, the zone was projected to contribute
to the preservation of the port environment’s safety by incorporating
alternative energy sources aimed at reducing carbon emissions.
The new undertaking was also expected to enhance
the operational efficiency of the facility, bolster commercial movement, and
strengthen supply chains, as pert statement released at that time.