New shipping lines boosted Morocco-Saudi Arabia trade Exchanges
The Jeddah port has contributed to enhancing commercial ties with Morocco and supporting Saudi exports through six new maritime lines and basic services that played a key role in increasing trade exchanges volume by 117 pc, reported Saudi news agency.
This major stride, achieved thanks to the deal sealed by the Federation of Saudi Chambers of Commerce with a shipping company, is part of strategic goals set by Saudi Ports Authority to foster the competitiveness of Saudi ports at the investment and logistical services levels.
The Jeddah port, which is serving Moroccan ports, is located at an important global marine network on the Red Sea. It has huge operational capacity, 4 stations, 62 multi-purpose berths with depths ranging between 7.5 meters and 18 meters, with a total area of 12.5 sq-km and a total capacity of around 130 million tons.
The Jeddah port is the first port on the Red Sea in terms of container and goods shipping. In 2021, it handled 60,589,238 tons of goods and 4,883,627 containers, while the number of trans-shipped containers totaled 2,758,491.