Cyberlogitec into Saudi Arabia

Saudi Arabia has signed a 92-year deal to develop a logistics city in Djibouti’s free trade zone to boost trade with Africa and attract Saudi investors.

Maersk and Mawani opened the Middle East’s largest Maersk Logistics Park at Jeddah Islamic Port, featuring eco-friendly technology and extensive capacity.

Siemens will integrate Mevea’s simulation tech to automate 10 STS cranes and 30 eRTGs at the new Port of NEOM in Saudi Arabia.

Mawani’s Smart Ports initiative, launched in early 2022, accelerates fifth-generation technologies in logistics.

With a strategic focus on connecting markets previously untouched, Folk Maritime charts a course for increased trade and connectivity in the Middle East.

A sharp fall in orders for new containers has taken its toll on container manufacturers with H1 2023 revenues and profits at China International Marine Containers (CIMC), Dong Fang International Containers (DFIC) and Singamas well down on the corresponding period of 2022.