Almajdouie handles export shipment via KAP
Rabigh, January 9, 2014
Almajdouie Logistics together with its sister company Rabigh Petrochemical Logistics (RPL) recently handled the first export shipment of petrochemical products through King Abdullah Port (KAP) for PetroRabigh.
KAP is located at King Abdullah Economic City (KAEC) in Rabigh. As a logistics partner for Rabigh Refining and Petrochemical Company (PetroRabigh), Almajdouie Logistics arranged the first shipment of 54 containers to KAP.
The shipment represents the first export operation of the King Abdullah port. The cargo, which consists of 54 containers of polymer material, was shipped on board a carrier heading to Singapore.
“The port is an important infrastructure investment which is, among other things, aligned with Saudi Arabia's strategy of developing downstream industries so as to drive value and job creation,’ said Jarmo T Kotilaine, a regional analyst.
Abdullah bin Saleh Al-Suwailem, president and CEO of PetroRabigh, said: “The shipment is a significant step forward in the export operations of PetroRabigh products due to the proximity of the port to the headquarters of the company's operations.”
It would contribute to the reduction of logistics costs for freight, accessing global markets faster, and relieving congestion at Jeddah Islamic Port, he said in a statement to Arab News.
Almajdouie Logistics is engaged nearly 5 decade and pioneering the regions logistics industry. Group president Abdullah Almajdouie said: “The start of new port will ease the congestion at Jeddah Port and Jeddah City but we have long way to go.”
King Abdullah Port (KAP) is being constructed at King Abdullah Economic City (KAEC), along Saudi Arabia’s Red Sea coast. Located just 100 kilometers north of Jeddah, KAP is 15 million sq m, and its capacity on completion would be 20 million TEU and over 30 deep water berths. – TradeArabia News Service
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