SHIPPING + MARITIME-

#1- Arabian Drilling onboards a SAR 260 mn vessel to fleet: Arabian Drilling added a new SAR 260 mn self-elevating service vessel to its fleet, according to a statement on Tadawul (pdf). The new vessel — slated to enter service by mid-2025 on a two-year contract — aims to boost the firm’s ability to offer service activities to complement its drilling operations. Arabian Drilling’s fleet now consists of 49 land rigs, 11 offshore jack-up rigs, and two offshore self-elevated service vessels.

#2- Mawani adds new shipping service to Dammam Port: The Saudi Port Authority (Mawani) has added Milaha's new shipping service — dubbed Milaha Inta Gulf Express — to King Abdulaziz Port in Dammam in a bid to boost connectivity between KSA and global trade routes, according to a statement. The new service — with a total capacity of 1k TEUs — will connect King Abdulaziz Port in Dammam with the ports of Umm Qasr in Iraq, Hamad in Qatar, Shuwaikh in Kuwait, Jebel Ali in the UAE, and Sohar in Oman.

ZONES-

Thailand’s Hi-Tech Apparel began construction on its USD 20 mn sportswear factory in Egypt’s Qantara West Industrial Zone, according to a statement. The factory will have an annual production capacity of 6 mn garments, which will be exported to markets including those in the Americas and Europe. It is expected to kick off production early next year.

The 64k sqm factory marks the company’s first project in the Middle East and Africa, and it adds to its planned pipeline in Thailand, Vietnam, Cambodia, and Laos. The company produces over 60 mn garments every year and manufactures sportswear for companies, including US legacy brand Nike.

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