DP World and the Saudi Ports Authority (Mawani) have joined forces to launch the first direct container shipping line connecting UAE’s Jebel Ali Port in Dubai with Egypt’s Sokhna Port via Jeddah Islamic Port. The new shipping line, the fourth to be launched by Mawani in 2020, eventually aims to provide shipping services along the Red Sea coast.
In December last year DP World was awarded a 30-year Build-Operate-Transfer (BOT) concession by Mawani, for the management and development of the Jeddah South Container Terminal. According to Sultan Ahmed Bin Sulayem, Chairman of DP World, “The launch of the first dedicated shipping service connecting Jebel Ali, Jeddah and Sokhna will be a game changer in promoting much-needed intra-regional trade. The new line will directly benefit the Arab world’s three largest markets.”