Saudi Maritime Congress to steer shipping and logistics sector

Major companies such as Bahri and Saudi Aramco Marine Department will also attend. (SPA)
Updated 28 February 2019
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Saudi Maritime Congress to steer shipping and logistics sector

JEDDAH: Leading government authorities such as Saudi Customs and Saudi Ports Authority will share insights on how to deliver strategies under Saudi Vision 2030 at the Saudi Maritime Congress from March 11-12 in Riyadh.

Major companies such as Bahri and Saudi Aramco Marine Department, which play a key role in the implementation of the latest development initiatives across Saudi Arabia, will also attend.

Ahmed Al-Hakbani, governor of the General Customs Authority, said: “The shipping sector is an essential partner for Saudi Customs and we are keen to be an essential contributor in providing insights regarding recent developments and upcoming initiatives, which aim to improve the trade process and thereby contribute to national and international economic growth.”

Abdullah Aldubaikhi, CEO of Bahri, said: “Bahri’s participation in this major event will further strengthen our resolve to establish the Kingdom as one of the world’s leading logistics and transportation hubs.”

The oil and gas sector is also primed to increase business growth from the local market by up to 75 percent by 2030. Some of these initiatives are led by Saudi Aramco, which aims to develop a more competitive local supply chain by requiring suppliers to secure 70 percent of the content of their products from local sources. 

Among the latest measures relevant to the shipping sector are reforms that will allow foreign shipping agencies to hold 100 percent ownership of their companies and operate independently under a foreign investment license. 


Saudi Arabia launches initiative to reroute Gulf cargo to Red Sea ports

Updated 13 March 2026
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Saudi Arabia launches initiative to reroute Gulf cargo to Red Sea ports

  • The initiative comes as shipping through the Strait of Hormuz has been severely disrupted by the widening conflict in the region
  • Since the US and Israel struck Iran last month, Tehran has moved to restrict passage through the waterway

 

RIYADH: Saudi Arabia has launched an initiative to redirect shipping from ports in the Arabian Gulf to its Red Sea ports amid the ongoing US-Israel-Iran war.

Transport Minister Saleh Al-Jasser, who also chairs the Saudi Ports Authority (Mawani), launched the Logistics Corridors Initiative alongside Zakat, Tax and Customs Authority Governor Suhail Abanmi, Mawani President Suliman Al-Mazroua, and other officials, the Saudi Press Agency reported.

The initiative will establish dedicated operational corridors to receive containers and cargo redirected from ports in the Kingdom's Eastern Region and other Gulf Cooperation Council states to Jeddah Islamic Port and other Red Sea coast ports.

Al-Jasser said the Kingdom was committed to ensuring supply-chain stability and the smooth flow of goods through global trade routes. Jeddah Islamic Port and other west coast ports, he added, were already playing a key role in accommodating shipments redirected from the east, while also linking Gulf cargo to regional and international markets.

The initiative comes as shipping through the Strait of Hormuz has been severely disrupted by the widening conflict in the region. Iran has long threatened to close the strait — the world's most critical oil and gas chokepoint, through which roughly a fifth of global oil supplies pass — in the event of a war.

Since the US and Israel struck Iran last month, Tehran has moved to restrict passage through the waterway, sending freight rates soaring and forcing shipping companies to seek alternative routes.

Saudi Arabia's Red Sea ports offer a viable bypass, connecting Gulf cargo to global markets without passing through the strait.