Specialized Marine Services Company (SMS), a joint venture between Ports Development Company and National Port Services, signed a Murabaha and Ijara financial loan agreement totaling 121.5 million SAR with Saudi Hollandi Bank.
King Abdullah Port received the largest cargo ship mooring Saudi Arabia’s docks coming from Greece, the giant MSC London ship, which has a length of 399 meters and width of 54 meters, a depth of 16 meters in the water, and capability of carrying more than 16,500 TEU, weighting a total of 189,000 tons, making […]
Almarai Company, one of the largest food and dairy products companies in the Middle East, signed a strategic agreement with Ports Development Company (PDC) for the usage of the Bulk Cargo Terminal at King Abdullah Port, to become the first tenant of the King Abdullah Port Bulk Terminal and the Processing and Services Zone (PSZ), […]
On January 5, 2014 King Abdullah Port completed its commercial services by conducting the first Import & Export transaction. This achievement is additional to the Transshipment operations started on September 28, 2013.