SHIPPING + MARITIME-

Ports across our region are set for a connectivity boost after the launch of two shipping services, spanning Red Sea and Mediterranean ports. Here’s a quick rundown of the new services:

#1- Dubai’s GFS to link Red Sea + Far East in new service: Dubai-based Global Feeder Shipping (GFS) has partnered with Thailand’s Regional Container Lines (RCL) and Taiwan’s TS Lines to launch a direct maritime service connecting Far East ports to the Red Sea, Al Mal reports. The service rotation will call on Chinese ports in Shanghai, Qingdao, Guangzhou Nansha, and Shenzhen, as well as regional ports in Jeddah, Saudi Arabia, Aqaba, Jordan, and Ain Sokhna, Egypt. The route aims to meet increasing demand for Red Sea-bound cargo, including consumer goods, machinery, and construction materials.

Evergreen has already signed up: Taiwanese container shipping line Evergreen will operate slots on this service on a monthly rotation using vessels with a capacity of 3k TEUs.

#2- Turkey’s Sidra launches Mediterranean line: Turkish shipping firm Sidra Line has launched a new shipping line — named TEA — that will connect several Mediterranean ports starting next month, Al Mal reports. The service, which will launch every 20 days using two vessels, each with a capacity of 500 TEUs, will call at the following ports including Alexandria, Dekheila, and Port Said in Egypt; Latakia in Syria; Iskenderun in Turkey; Misurata and Benghazi in Libya; Rades in Tunisia; and Skikda in Algeria.

About Sidra Line: Established in 2021, the company specializes in container shipping, and its maritime network covers the Mediterranean Sea, Black Sea, Red Sea, and certain areas in the Middle East and Asia, according to its LinkedIn page.