Saudi Arabia builds 40 ships annually in cooperation with the Korean “Hyundai”

The Minister of Investment met Khaled Al -Falih , today, Thursday, Vice President "HD Hyundai" Jong Ki-Soun, in the capital Seoul. "HD Hyundai" They are currently building in Saudi Arabia, and the creation of supply chains, according to the agency "Yonhap" Official. After completing the two projects, they will be able to build 40 ships annually. "HD Hyundai" Currently the company’s ship building basin "International Marine Industries" Saudi Arabia, along with a ship engines factory in the King Salman Marine Industries Complex in Jubail on the eastern coast of the Kingdom." target ="_Blank"> Shipbuilding Work at full capacity in 2026, provided that the engines factory starts operating in 2027.
Saudi Ports I advanced to the 15th place in the world among the 100 largest containers in the world, according to the Minister of Transport and Logistics services Saleh Al -Jasser, during the second conference of the sustainability of the marine industry, whose work was launched in Jeddah on the third of September."Background-COLOR: White"> Al -Jasser revealed that Saudi Arabia intends to run for the membership of the Board of Directors of the International Maritime Organization during its upcoming electoral session, pointing out that this step comes as an affirmation of the Kingdom’s continuation of international work, and its sense of global responsibility in formulating the future of the maritime transport industry, and contributing to advancing the progress of the global maritime sustainability process and its development