Saudi Arabia launches new shipping service with Djibouti to boost petrochemical exports

Logo of Saudi Ports Authority (MAWANI)

Saudi Ports Authority (MAWANI) announced adding a new shipping service between Saudi Arabia and Djibouti through container shipping company, Transmar. 

The move aims to boost the Kingdom's petrochemical exports in the region and increasing the shipping and transportation of goods within Saudi ports. 

The launch of the new shipping service between Jeddah Islamic Port and Djibouti, which includes more than 100 standard containers per week, comes to support exporters, link and facilitate trade and serve major companies and investments in the region, as well as enhance joint cooperation and trade between the two countries, the authority said in a statement.

The new shipping service is also part of MAWANI’s plans to bring about a qualitative shift in the shipping and logistics industry, and to strengthen the connection between Saudi ports and worldwide ports, thereby cementing the Kingdom's position as a global logistics hub, the statement added.