Jubail Port plans initiatives to boost petchem exports
RIYADH, February 2, 2022
Jubail Commercial Port and the National Industrialization Company (Tasnee) have held a workshop to discuss collaboration opportunities and initiatives promoting the export of petrochemicals through the port.
The workshop, hosting leading Jubail-based industrial companies and major shipping lines, also discussed proposals to supply empty containers at the port, increase the port’s share of outbound containers owned by Jubail-based manufacturers to save on time and cost, and reduce the carbon footprint of traffic congestions caused by trucks transporting goods and cargo to other sea ports, reported Saudi Press Agency (SPA).
Workshop participants expressed their support for all initiatives that facilitate investment and agreed to hold a series of meetings between manufacturers and shipping lines to assess the level of cooperation between both parties.
Jubail Commercial Port is equipped with state-of-the-art facilities to receive vessels of all types and sizes. The port is instrumental in the efforts of the Saudi Ports Authority (Mawani) to develop a sustainable and prosperous marine sector and transform the Kingdom into a global logistics hub, in addition to realizing its social and economic ambitions.
Jubail Commercial Port supports the eastern region’s economy thanks to its proximity to key manufacturing centres which reduces the import and export bills, in addition to the efficient and high quality distribution facilities to global markets.