Chinese mega-vessel docks at Saudi Arabia’s Dammam port

Cosco Shipping’s Solar is 400 meters long, 59 meters wide and has a depth of 16 meters in the water. (Photo/Supplied)
Updated 29 May 2019

Chinese mega-vessel docks at Saudi Arabia’s Dammam port

  • King Abdul Aziz Port can handle any type of cargo with its diverse capabilities and solid infrastructure

JEDDAH: Dammam’s King Abdul Aziz Port has received one of the world’s largest mega-vessels and the largest vessel in the history of Saudi ports.
Cosco Shipping’s Solar is 400 meters long, 59 meters wide and has a depth of 16 meters in the water. It has a capacity of 21,300 TEU (twenty-foot equivalent unit).
The port’s director-general, Waleed Al-Faris, said the ship’s arrival was proof that the Dammam facility was a global logistics destination.
“King Abdul Aziz Port can handle any type of cargo with its diverse capabilities and solid infrastructure. It has four terminals operated by the best in class port operation companies,” he said. “These include two container terminals. The first, operated by the International Port Services Co., has a capacity of 2.5 million containers TEU’s and a 16-meter depth with 10 berths totaling 2,160 meters in length. It has 17 bridge cranes and five of them are fully operated remotely. The second terminal, operated by the Saudi Global Ports Co., has a capacity of 1.5 million containers TEU’s with two berths totaling 700 meters in length and a 16.5-meter depth. It is equipped with six bridge cranes and has an additional 600,000 sq. meter area. The terminals are supported by a large number of mobile stackers and container cranes.”
The port has won international acclaim. These include the Most Innovative Ports 2018 and the Best Customer Service Awards 2018 at the International Finance Awards. It was also recognized in two categories at the Transport Arabia Excellence Awards 2017.
Earlier this year, the port welcomed CSCL Globe which, at the time of its launch in November 2014, was the largest container ship in the world.


Saudi Arabia promoting arbitration culture to meet market needs

Saudi Minister of Justice Walid Al-Samaani, Finance Minister Mohammed Al-Jadaan and 37 local and foreign ministers and lecturers, as well as a top-level local and international audience, attended the conference. (SPA)
Updated 34 min 14 sec ago

Saudi Arabia promoting arbitration culture to meet market needs

  • Khayat said that the Kingdom was keen on ensuring diversity by empowering women, and by hiring arbiters from 23 states and from all continents

RIYADH: The second International Conference on Commercial Arbitration began on Monday in Riyadh under the slogan “The development of Arbitration in the Middle East and North Africa … Reality and Aspiration.”
Saudi Minister of Justice Walid Al-Samaani, Finance Minister Mohammed Al-Jadaan and 37 local and foreign ministers and lecturers, as well as a top-level local and international audience, attended the conference.  
Yassin bin Khalid Khayat, chairman of the Saudi Center for Commercial Arbitration (SCCA) board of directors, noted increasing international interest in conflict resolution alternatives, and calls for the adoption of steps to break the monopoly over this sector and secure diversity in it.
Khayat said that the Kingdom was keen on ensuring diversity by empowering women, and by hiring arbiters from 23 states and from all continents. He said: “To ensure the autonomy of the SCCA, members of the board of directors should not be holders of a public office. In addition, the board is the highest authority in the center, while the arbitration council enjoys full autonomy in performing its duties. In addition, a decree was issued to encourage public institutions and state-owned companies to seek arbitration by SCCA.”
Dr. Hamed Meera, SCCA executive director, said that the center had already launched a package of services and products such as emergency arbitrator, expedited arbitration procedures, protocol and arbitration platform. “Today SCCA has launched the service of selection and appointment of arbitrators channeled along four options to meet the needs of large companies that resort to services provided by it,” he said.
Due to rising demand for the center’s training programs, the time was ripe for the establishment of an academy that provided short- and long-term training programs, he said.
Dr. Nabeel A. Al-Mansour, senior vice president and general counsel and secretary of Saudi Aramco, said that the Kingdom was keen to establish an integrated system to activate the role of arbitration in the Kingdom within a competitive and fair and transparent environment.