Saudi Arabia's Rise in the Feeder Shipping Sector Saudi Arabia is set to become a powerhouse in the feeder shipping sector across the Middle East, Eastern Africa, Turkiye, and South Asia by 2030, according to research from Arthur D. Little. The global feeder shipping market is projected to reach $451 billion by the end of the decade, with the Kingdom...
Dr Abdullah Alabdulkarim, Chief Executive Officer of the Saudi Logistics Academy, will serve as a jury member for the first Logistics Saudi Awards, scheduled at voco Riyadh on May 21, 2025. According to event organizers, nominations are now open in 26 categories spanning the entire logistics industry, with submissions closing at midnight on April 17. Appointed by the Academy’s Board...
The logistics industry in Saudi Arabia is rapidly evolving, and the Logistics Saudi Awards 2025 aim to celebrate the pioneers driving this progress. Scheduled for May 21 at VOCO Riyadh, the awards will honor exceptional businesses and leaders in the Kingdom's logistics and supply chain sectors. The awards feature 26 categories recognizing significant contributions across various segments, including freight, transportation,...
A new logistics zone valued at SR4 billion ($1.06 billion) is set to be developed in Falcon City, northern Riyadh, following a collaboration between Saudi companies SAL and Sela Co. This initiative aims to enhance supply chain efficiency through integrated infrastructure, Class A warehouses, and smart logistics technologies. The project, supported by the Private Sector Partnership Program (Shareek), seeks to...
The introduction of a new shipping service by the Mediterranean Shipping Co. (MSC) is set to enhance trade connections between Saudi Arabia and key East Asian ports, thereby reinforcing the Kingdom's global logistics framework. According to Saudi Ports Authority, known as Mawani, MSC will launch the "Clanga" line at Jubail Commercial Port. This initiative aims to elevate Saudi Arabia's investment...
PSA Ventures, part of PSA International, has teamed up with Saudi Arabia's National Industrial Development and Logistics Program (NIDLP) to boost innovation in port automation and sustainable supply chains. This alliance aims to support promising start-ups and develop Minimum Viable Products (MVPs) that are ready for market launch. Eddy Ng, Group Head of Operations and Sustainability at PSA International, emphasized...
Gulf Warehousing Company (GWC), a prominent logistics group, has revealed a new venture through its subsidiary, GWC Energy Services. They have partnered with Saudi Offshore Fabrication Company (OFC) to establish 100,000 sq m of top-tier logistics facilities at Ras Al Khair Industrial Port. The agreement focuses on enhancing OFC's storage and logistics capabilities. GWC Energy Services will utilize its logistics...
The Saudi Railway Company (SAR) is set to introduce a program aimed at localizing the railway industry. Having achieved over 50% local spending in 2023, SAR plans to reach 60% by 2025 through strategic partnerships. SAR's CEO, Dr. Bashar Al Malik, announced that the program will be launched at the Saudi International Railway Conference in Riyadh on November 20–21. This...
Jeddah: King Abdulaziz International Airport in Jeddah has achieved a remarkable milestone, setting a new record for passenger traffic by handling over 161,000 passengers in a single day. This accomplishment underscores the airport's critical role as a major hub, especially for pilgrims visiting Mecca and Medina during Hajj and Umrah seasons. On that day, the airport efficiently managed over 132,000...
GFH Financial Group, a major player in the financial sector, has formed a strategic partnership with Gulf Warehousing Company (GWC), a leading logistics provider in the GCC. This collaboration aims to enhance GWC's expansion efforts by developing 200,000 square meters of premium logistics facilities in Saudi Arabia's key cities: Riyadh, Jeddah, and Dammam. As per the agreement, GFH will finance...