Maersk inaugurates largest logistics park in the region: The Saudi Port Authority (Mawani) and Danish shipping giant Maersk have inaugurated a SAR 1.3 bn (USD 346) mn logistics zone at Jeddah Islamic Port, according to separate statements from Mawani (here) and Maersk (here). The park, which Maersk said was the largest single-site logistics and services facility in the Middle East, aims to contribute to logistics development in the Kingdom in a bid to support the facilitation of trade and export to global markets.
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What we know: The logistics park spans an area of 225k sqm with the capacity to handle 200k TEUs annually. Mawani and Maersk broke ground on the project in February last year. The launch is in line with a plan by the Kingdom to set up 60 logistics zones by 2030.
A wide range of services: The logistics zone will provide importers and exporters with storage and distribution services, warehousing for refrigerated food products, transshipment services, air freight and freight forwarding spaces, and an e-commerce center.
Sustainability in mind: The facility will draw up to 70% of its electricity from 32k solar panels covering an area of 64k sqm on the rooftop. In addition, the park will utilize electric equipment and electric trucks to reduce emissions and implement carbon removal solutions under an ambitious plan by Maersk to achieve net zero by 2040.
What’s special about the port: The port has advanced infrastructure with berths capable of hosting new generations of large ships as well as modern equipment that contribute to the operational efficiency and capacity, according to Maersk.
Lots of action this year at Jeddah Islamic Port: Mawani and Al Jeri Logistics Services inked earlier this week two contracts worth SAR 160 mn to develop two logistics zones for storing and handling containers at Jeddah Islamic Port and King AbdulAziz Port in Dammam. Mawani and DP World broke ground in May on a SAR 900 mn logistics park at Jeddah Islamic Port, with the park set to open in 2Q 2025. The port authority and Global Maritime Services Company also finalized the blueprint for a SAR 219 mn development at Globe Park in Jeddah Islamic Port in the same month. Mawani also partnered with MSC logistics arm Medlog to establish a SAR 175 mn integrated logistics park at Jeddah Islamic Port in March.