Saudi Arabia adds MEDEX service to Jeddah Port, linking 12 global hubs
RIYADH: Saudi Arabia has expanded its maritime connectivity with the addition of the MEDEX shipping service at Jeddah Islamic Port, linking the Kingdom to 12 regional and international ports.
Operated by global logistics firm CMA CGM, the new service connects Jeddah to Abu Dhabi and Jebel Ali in the UAE, Karachi in Pakistan, and Colombo in Sri Lanka, according to a release by the Saudi Ports Authority, or Mawani.
The move is part of Mawani's broader efforts to improve operational efficiency at Jeddah Islamic Port and raise Saudi Arabia's standing in global port performance rankings.
It also supports the Kingdom's National Logistics Strategy, which aims to increase the sector's contribution to gross domestic product from 6 percent to 10 percent by 2030, positioning Saudi Arabia as a strategic logistics hub connecting three continents.
In the official announcement, Mawani stated: 'This service enhances the port's competitive advantage, facilitates global trade, opens new business horizons, and supports national exports.'
The MEDEX service is the 19th shipping line added to Jeddah Islamic Port since the beginning of 2025, reinforcing Saudi Arabia's commitment to improving regional and international connectivity.
With a capacity of up to 10,000 twenty-foot equivalent units, the new service also links Jeddah to Mundra and Nhava Sheva in India, Piraeus in Greece, Malta, Genoa in Italy, Fos in France, and Barcelona and Valencia in Spain.
Headquartered in Marseille, CMA CGM Group operates in 177 countries and is the world's third-largest shipping company. It serves more than 420 ports across five continents with a fleet of over 650 vessels.
The new service aims to boost domestic import and export activity, supporting Saudi Arabia's broader objective of establishing itself as a global trade hub.
Jeddah Islamic Port currently features 62 multi-purpose berths, a bonded and re-export logistics area, several specialized terminals, and advanced cargo-handling equipment. It also houses two general cargo terminals, two ship repair docks, and a dedicated marine services zone. The port's total handling capacity reaches 130 million tons annually.
Saudi Arabia climbed to 15th place globally in container throughput rankings in 2024, underlining its growing role as a maritime logistics powerhouse, according to Lloyd's List, a UK-based shipping industry journal.
The report highlighted that Jeddah Islamic Port advanced to 32nd place globally, up from 41st in 2023, after handling 5.58 million containers last year — a 12.6 percent increase over the previous year.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arab News
12 hours ago
- Arab News
Pakistan PM orders expansion of national shipping fleet to cut $4 billion trade cost
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday directed authorities to lease new ships to expand the Pakistan National Shipping Corporation's (PNSC) fleet, aiming to reduce the $4 billion annual foreign exchange burden on sea-based trade. The directive comes as Pakistan looks to bolster its maritime trade capacity and reduce reliance on foreign shipping lines, which officials say significantly contributes to the country's widening trade deficit and puts pressure on foreign exchange reserves. Pakistan's sea trade plays a vital role in its economy, with over 90 percent of the country's imports and exports transported by sea. 'The prime minister directed that ships be acquired on lease to expand the fleet of the PNSC,' the PM Office said in a statement following a meeting on PNSC affairs chaired by Sharif. 'He noted that due to the limited number of ships in the PNSC fleet, the national exchequer incurs a loss of $4 billion annually in foreign exchange on sea-based trade.' Sharif instructed authorities to present a strategy within two weeks for the PNSC to eliminate this burden on the national treasury on account of freight charges. The development comes as Pakistan plans to enhance its maritime trade with other countries, including the East African Community, and establish direct sea links with Kenya, Uganda, Tanzania, Rwanda, Somalia, Burundi, South Sudan and the Democratic Republic of Congo. In February, Pakistan and Bangladesh also decided to begin passenger and cargo shipping services between the two countries. The PNSC inducted two $60 million Aframax oil tankers in 2019 to strengthen its oil transportation fleet. Pakistan also regularly collaborates with its counterparts from various parts of the world to ensure illicit activities such as smuggling, drug trafficking, and piracy are kept in check.
Al Arabiya
14 hours ago
- Al Arabiya
US sanctions target those providing Iran with defense machinery, Houthi oil trading
The Trump administration said on Friday it had issued fresh Iran-related sanctions targeting eight entities, one vessel and one person for their alleged role in providing sensitive machinery for Tehran's defense industry. 'The United States remains resolved to disrupt any effort by Iran to procure the sensitive, dual-use technology, components, and machinery that underpin the regime's ballistic missile, unmanned aerial vehicle, and asymmetric weapons programs,' US Treasury Secretary Scott Bessent said. 'Treasury will continue to degrade Iran's ability to produce and proliferate these deadly weapons, which threaten regional stability and global security,' he added in a statement announcing the action. Two of the entities include shipping companies based in Hong Kong: Unico Shipping Co. Ltd and Athena Shipping Co. Ltd, the statement said. The Treasury Department on Friday also issued counterterrorism-related sanctions targeting Yemen's Iran-aligned Houthis over alleged illicit oil trading and shipping, it said in a separate statement. Those sanctions target four individuals, 12 entities, and two vessels over imported oil and other illicit goods to support the Houthis, the department said.
Argaam
16 hours ago
- Argaam
Aldrees opens 4 new stations
Aldrees Petroleum and Transport Services Co. (Aldrees) opened four new stations in Dhahran, Riyadh, Arar, and Najran, the company said on X. The stations are located in Ajyal, Al-Badi'ah, and Al-Aziziyah districts, as well as King Saud Road. They offer a comprehensive range of services, including car services, commercial markets, a mosque, and ATMs. Aldrees stations reached 1,050 by the end of 2024, according to Argaam 's data.
