SARCO plans to build the world's largest algae farm, says chairman 

SARCO has signed an alternative energy development agreement with Christoph Global. (Shutterstock)
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Updated 23 June 2022
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SARCO plans to build the world's largest algae farm, says chairman 

RIYADH: Saudi Arabia Refineries company plans to build the world's largest algae farm on 1,400 hectares of land, Chairman Aiad Mohammad Mushaikh told Asharq. 

He said SARCO has signed an alternative energy development agreement with Christoph Global, adding that the agreement is very important for their entry into investments in this sector.

The benefit that the Kingdom will gain from this project is that it will help reduce carbon emissions by a very large percentage while providing many job opportunities for Saudi youth, Meshaikh added.


Saudi Arabia’s national fleet grows 32% in 2025, 2nd-fastest among G20 nations

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Saudi Arabia’s national fleet grows 32% in 2025, 2nd-fastest among G20 nations

RIYADH: Saudi Arabia’s national fleet grew 32 percent in 2025, making the Kingdom second among G20 countries in fleet expansion.

The surge reflects the rapid development of the nation’s maritime sector, driven by strategic regulatory reforms, increased investment, modernized legislation, and improved fleet efficiency.

The growth marks a substantial rise from the 6.4 percent recorded in early 2024, highlighting the sector’s accelerating year-on-year progress.

In a statement, the country’s Transport General Authority, or TGA, said the achievement aligns with the National Transport and Logistics Strategy, which aims to position Saudi Arabia as a global logistics hub.

The strategy focuses on strengthening the maritime sector’s role in supply chains, supporting the national economy, and boosting the efficiency of international trade through Saudi ports.

The TGA added that the progress underscores Saudi Arabia’s commitment to building a sustainable maritime ecosystem in line with global best practices, reinforcing the Kingdom’s strategic standing among leading nations in the sector.