Latest news with #PortsAuthority
Al Arabiya
14-05-2025
- Politics
- Al Arabiya
Israeli military reissues evacuation warning to three ports in Yemen
The Israeli army reissues a warning calling for the evacuation of three Yemeni ports. Developing
Asharq Al-Awsat
29-04-2025
- Business
- Asharq Al-Awsat
Saudi Ports Authority Signs $53 Million Deal to Establish Logistics Zone at Dammam Port
Saudi Arabia's Ports Authority (Mawani) signed an agreement with Sultan Logistics to develop a new logistics zone at King Abdulaziz Port in Dammam, in the eastern region of the Kingdom. The investment is valued at SAR 200 million ($53.3 million) and will cover a total area of 197,000 square meters. The contract was signed by Mawani's Acting President Mazen bin Ahmed Al-Turki and Sultan Logistics Chairman Ali Sultan Al-Qahtani in the presence of several officials. The new zone will include 35,000 square meters of warehousing space, administrative offices, and a designated yard for storing and maintaining both dry and refrigerated containers. It will also feature a re-export area, aiming to boost the port's operational efficiency and the quality of logistics services provided. The project is part of Mawani's broader initiatives aligned with the goals of the National Transport and Logistics Strategy, which aims to develop logistics zones both inside and outside the Kingdom's ports. These efforts support Saudi Arabia's ambition to become a global logistics hub and to offer high-efficiency services in line with the nation's Vision 2030 development roadmap. The logistics zone at King Abdulaziz Port is expected to boost the port's competitiveness by offering specialized logistics services, increasing the private sector's contribution to economic development, and furthering economic diversification. The year 2024 has already seen the launch or groundbreaking of eight logistics zones and centers across the Kingdom, with a total private sector investment of approximately SAR 2.9 billion ($773 million). These zones are part of a broader logistics infrastructure development plan involving over SAR 10 billion ($2.66 billion) in investments across 20 logistics zones overseen by Mawani. Among the key milestones was the opening of Maersk's largest global logistics investment at Jeddah Islamic Port—an expansive facility worth SAR 1.3 billion ($346.5 million) covering 225,000 square meters.
Shafaq News
26-04-2025
- Shafaq News
Massive explosion rocks Iran's key port: +400 injuries reported
Shafaq News/ A powerful explosion rocked Iran's Shahid Rajaee port in the southern city of Bandar Abbas on Thursday, causing more than 400 injuries, Iranian media reported. Hormozgan Province's Crisis Management Authority confirmed that the blast occurred at a section of the port's main pier. According to the Ports Authority, firefighting teams are working to contain the blaze. The semi-official Tasnim News Agency reported that the blast originated from a fuel depot within the port. The explosion was described as 'extremely powerful,' causing significant material damage across the facility. Following the incident, all activities at Shahid Rajaee port have been suspended, Tasnim said. The explosion left at least 406 people injured. Authorities said investigations are ongoing, and updates will be provided as more information becomes available. Shahid Rajaee is Iran's largest container port and a critical economic hub, located near the strategic Strait of Hormuz—one of the world's most important oil shipping routes.
Argaam
16-04-2025
- Automotive
- Argaam
MAWANI halts vehicle imports from 21 automakers over 2025 supply plan violations
Saudi Arabia's Ports Authority (MAWANI) suspended vehicle imports from 21 automakers for failing to submit their 2025 supply plans, following a request from the Saudi Standards, Metrology and Quality Organization (SASO). In a circular, MAWANI said it received a letter from SASO referencing the Saudi Corporate Average Fuel Economy (CAFE) standards for light vehicles imported into the Kingdom between 2024 and 2028. The letter listed 21 vehicle manufacturers that missed the deadline to submit their 2025 supply plans. As a result, imports of new light vehicles, weighing up to 3.5 tons, from those companies will be temporarily halted until the plans are submitted, with a final deadline set for the end of this year.
