• Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
Saudi Business News
Tuesday, May 13
18:30
42 °c
Riyadh
No Result
View All Result
Saudi Business News
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
No Result
View All Result
Saudi Business News
No Result
View All Result

HomeBusinessSAR and Maersk Forge Alliance to Boost Container Transit

SAR and Maersk Forge Alliance to Boost Container Transit

Three-Year Deal Set to Enhance Saudi Logistics

May 10, 2024
in Business, Vision 2030
Reading Time: 1 min read
152
SHARES
1.9k
VIEWS
Share on FacebookShare on XShare on LinkedInShare on Telegram

The Saudi Arabia Railways (SAR) has officially penned a three-year agreement with global sea shipping leader Maersk. This strategic alliance aims to amplify the volume of containers conveyed by SAR trains from King Abdulaziz Port in Dammam to the Riyadh Dry Port, marking a significant leap in transportation and logistics within the kingdom.

Bashar Khalid Al-Malik, the CEO of SAR, alongside Maersk Saudi Arabia’s CEO, Mohammad Shihab, finalized the contract which is set to intensify the container traffic through the eastern railway. The collaboration pledges to deliver secure and sustainable transport solutions, contributing to the kingdom’s edge in the global Logistics Performance Index (LPI), a move that resonates with the objectives of Saudi Vision 2030.

RelatedPosts

Private Aviation Expansion in Saudi Arabia: New Charter Rules

Saudi Arabia Startup Expansion: Key Steps for Success

Esports World Cup: Saudi Arabia’s $70M Gaming Investment

The alliance is not only expected to bolster operational efficacy but also to minimize the number of trucks plying the Dammam-Riyadh route. This reduction in truck traffic is forecasted to lower carbon emissions and preserve the condition of roadway infrastructure.

Al-Malik highlighted the importance of such agreements in refining the shipping industry and underscored SAR’s commitment to innovation and safety. He emphasized the aim to enhance efficiency at both King Abdulaziz Port and Riyadh Dry Port, thereby elevating the nation’s entire transportation framework.

On the other hand, Shihab underscored the contract as a progressive move towards fostering a collaborative atmosphere for digital transformation and sustainable logistics practices. He further elaborated on the deal’s potential to position Dammam Port as a pivotal hub for international trade routes, extending from the east to local markets and beyond, into the regional landscape.

Tags: logisticsMaerskSaudi Arabia RailwaysSaudi Vision 2030Sustainable Transportation
Share61Tweet38Share11Share

© 2025 Copyright, Saudi Business News

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line

© 2025 Copyright, Saudi Business News

Go to mobile version