A.P. Moller - Maersk to operate new cold storage facility at Mawani's King Abdulaziz port in Dammam.

1. P. Moller - Maersk (Maersk), a global integrator of container logistics, signed an agreement with Refad Real Estate to operate a brand new Cold Storage facility at King Abdulaziz Port in Dammam, Saudi Arabia. Maersk will open the doors to the facility in March 2023 for its customers.

The 13,300 sq. m. Cold Storage facility will be designed to handle 8,000 FFEs (Forty Feet Equivalent containers) and 168,000 pallet positions annually at Saudi Arabia's second-largest port for refrigerated containers (Reefers)

The agreement was signed in the presence of His Excellency the Minister of Transport and Logistics, Chairman of the Board of Directors of the Authority, Engineer Saleh bin Nasser Al-Jasser, His Excellency the President of the Saudi Ports Authority, Mr Omar bin Tala Hariri, Mohammad Shihab, Managing Director, Maersk Saudi Arabia and the Chairman of the Board of Al Qahtani Holding, Sheikh Abdulaziz Abdelhadi Al-Qahtani. The agreement was signed by Group Director of Real Estate, Mr Abdelhadi Abdulaziz Al Qahtani of Refad Real Estate and the Director of Products and Services, Maersk Saudi Arabia, Mohamed Sedeek Hashish.

'Saudi Arabia is a significant market for us. With more than a fifth of the country's food imports coming through King Abdulaziz Port in Dammam, we wanted to establish a state-of-the-art cold storage facility that will help us serve the food industry better', said Mr Mohammad Shihab during the signing ceremony.

He added, 'Our ambition is to connect and simplify our customers' supply chains. To achieve this, we must be close to our customers, collaborate with trusted and reliable partners and build a network that truly enables global trade. With our new facility in Dammam, we are setting ourselves up to achieve all three goals.'

Strategic Location

Dammam enjoys a strategic location in more than one way. Several food processing manufacturers in the different industrial zones and residential communities are based around King Abdulaziz Port in Dammam. This means that there is manufacturing as well as consumption of food items in and around Dammam. Moreover, Dammam lies in close proximity to neighbouring Gulf countries like the UAE, Kuwait, Bahrain and Qatar, making it a significantly important distribution hub for several markets. On the other side, King Abdulaziz...