The management of King Fahad Industrial Port in Yanbu and Yanbu Commercial Port in partnership with Yanbu Chamber of Commerce and Industry (YNBCCI) held a workshop this Sunday aimed at formulating a strategic partnership framework with clients and stakeholders. The event was organized under the auspices of H.E. the President of Mawani Mr. Omar bin Talal Hariri, and attended by the Governor of Yanbu Province, government and private sector entities, shipping and logistics experts and a select group of entrepreneurs.
The workshop involved presentations and discussions with partners to highlight the role played by Yanbu's ports, and enabled through Mawani's strategies, to attract shipping services and exporters as part of the authority's initiatives to enhance container handling operational efficiency, which plays a major role in increasing connections between the Red Sea ports, as well as meet the rising demand of shipping services and boosting international and regional trade, to align with the objectives of the National Transportation and Logistics Strategy (NTLS) and Saudi Vision 2030.
These measures aim to foster economic growth on the Red Sea coast, boost investment KPIs, and bolster trade volumes between Saudi ports and its regional and international counterparts which contribute to positioning the Kingdom as a global logistics hub. Leveraging the ports' infrastructure and capacity, logistical services, and supply chain activities will enable businesses to make both ports their go-to destination for importing and exporting goods and products.
The General Manager of the Yanbu Commercial Port and King Fahad Industrial Port in Yanbu Captain Ali Al Mahwari, and the Chairman of YNBCCI Mr. Ahmad Al Shaghdali, emphasized in their opening remarks on how the shipping and logistics sector is witnessing exponential growth thanks to the Kingdom's relentless support to develop the maritime industry and implement global best practices.
They also underlined the collaboration with entrepreneurs and businesses to accelerate economic activity, benefit from the ports' capabilities and utilize the offered investment opportunities. The YNBCCI Chairman added that the Chamber intends to play a holistic role in facilitating trade at both ports to support of the nation's economic progress.
The King Fahad Industrial Port in Yanbu and Yanbu Commercial Port enjoy a strategic location as it intersects between Europe and America in the north through the Suez Canal, and the Far East through the Bab Al-Mandab Strait in the south. Its deep-water berths are well-equipped to receive next generation fleets of container vessels. The shipping operations between these two ports and neighboring ones will help in reducing the congestion and strain on overland routes which will in turn decrease accidents and fuel consumption of trucks that transport goods in addition to slashing the carbon footprint generated by these vehicles.