Saudi Arabia launches direct shipping route to Syria via Jeddah Islamic Port
The EXS6 service will link Jeddah Islamic Port with Iskenderun Port in Turkey and Latakia Port in Syria, facilitating trade flows with a capacity of 858 standard containers. This initiative is expected to boost import and export activities.
The new service is part of Mawani's ongoing efforts to strengthen the Kingdom's position within global shipping networks and enhance port efficiency.
It aligns with the objectives of the National Transport and Logistics Strategy, which aims to establish Saudi Arabia as a central logistics hub connecting three continents.
© Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
06-08-2025
- Zawya
Saudi's Mawani, Petrotank to set up bunkering hub at Yanbu port
State-owned Saudi Ports Authority (Mawani) has signed a land lease contract with Riyadh-based National Petroleum & Petrochemical Tanks & Pipeline Co. (Petrotank) to set up an integrated marine bunkering hub at King Fahad Industrial Port in Yanbu. The project will cover an area of 110,700 square meters, with a total investment of 500 million Saudi riyal ($133.24 million), Mawani said in a statement. The project will be operated under a 20-year lease. The addition of fuel and oil storage infrastructure aligns with the objectives of the National Transport and Logistics Strategy, which aims to support the Kingdom's status as a global logistics hub bridging three continents. Petrotank currently operates an existing fueling station at King Fahad Industrial Port in Yanbu, comprising eight tanks with a storage capacity of 114,000 cubic metres King Fahad Industrial Port spans 6.8 square kilometres, features 34 berths and 10 terminals, and has an annual throughput capacity of 210 million tonnes. (Editing by Anoop Menon) (
Zawya
31-07-2025
- Zawya
Saudi: Mawani announces new shipping service linking Jeddah
The Saudi Ports Authority (Mawani) has announced the addition of a new shipping service 'AR2 Asia Red Sea,' operated by Wan Hai Lines Company to Jeddah port. The step aims to enhance the competitiveness of Saudi ports on the global maritime transport map, facilitate the smooth flow of trade, expand commercial opportunities, and improve operational efficiency. The new service will connect Jeddah port to 10 regional and international ports, including Shanghai, Ningbo, Nansha, and Shekou in China; Port Klang in Malaysia; Aqaba in Jordan; Sokhna and Alexandria in Egypt; and Izmit and Kumport in Turkiye, with a total capacity of 3,700 twenty-foot equivalent units (TEUs). Mawani said the initiative falls within its efforts to elevate the kingdom's position in global performance indicators and boost national exports, in line with the National Transport and Logistics Strategy, which seeks to establish the Kingdom as a leading global logistics hub and a central link between three continents. Jeddah Islamic Port is the largest port on the Red Sea coast, strategically located and equipped with 62 multipurpose berths. The port plays a key role in strengthening Saudi Arabia's leadership in the maritime sector both regionally and internationally. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
30-07-2025
- Zawya
EazyPay brings Mastercard Receivables Manager to Bahrain
Eazy Financial Services (EazyPay) has announced that it has entered into a deal with Mastercard for the launch of Mastercard Receivables Manager in Bahrain in bid to elevate the customer experience. With this, EazyPay has become the first acquirer in the market to adopt the innovative solution that enhances virtual card payment processing for businesses. Mastercard Receivables Manager enables EazyPay to support merchants in automating their business-to-business (B2B) virtual card receivables. By eliminating manual processes, the solution helps improve efficiency, working capital and cash flow, said the statement. With minimal integration and no need for application programming interface (API) implementation, the customisable platform streamlines the capture of virtual card payments, processes them straight through, and delivers remittance data directly to merchants' accounting systems, it stated. Virtual card payments are playing a key role in this growth, with B2B virtual card spend forecasted to exceed $14 trillion by 2029. This surge reflects a growing demand among businesses for digital solutions that enhance payment processing efficiency, automate receivables, and strengthen cash flow management. On the key partnership, Founder, Managing Director and CEO Nayef Tawfeeq Al Alawi, said: "EazyPay supports businesses with digital payment solutions designed to simplify operations and elevate the customer experience. As virtual cards gain traction for supplier payments, Mastercard Receivables Manager empowers us to strengthen the B2B payments ecosystem across key industries and large market segments." "At Mastercard, we are committed to delivering value-added services that help acquirers and their merchants operate more efficiently. Receivables Manager addresses a critical challenge for suppliers managing high volumes of virtual card payments by automating processing, reducing time and boosting efficiency," he stated. Saud Swar, the country manager, Saudi Arabia, Bahrain, Jordan and other Levant, Mastercard, expressed delight at collaboration with EazyPay to bring this transformative solution to Bahrain's dynamic business landscape. The total value of B2B transactions worldwide is expected to more than double over the next seven years, reaching over $213 trillion by 2032, he added. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
