{"id":77382,"date":"2024-03-14T07:15:00","date_gmt":"2024-03-14T07:15:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/03\/14\/esab-petromasafi-shore-up-supply-chains-with-lease-agreements-at-sparks-dry-port\/"},"modified":"2024-03-14T07:15:00","modified_gmt":"2024-03-14T07:15:00","slug":"esab-petromasafi-shore-up-supply-chains-with-lease-agreements-at-sparks-dry-port","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/03\/14\/esab-petromasafi-shore-up-supply-chains-with-lease-agreements-at-sparks-dry-port\/","title":{"rendered":"Esab + Petromasafi shore up supply chains with lease agreements at Spark\u2019s dry port"},"content":{"rendered":"

<\/strong>Spark Logistics signs two lease agreements: <\/strong>Spark Logistics \u2014 a JV between King Salman Energy Park (Spark) and Hutchison Ports \u2014 has inked a pair of MoUs with multinational welding equipment supplier Esab<\/a> and Saudi oil and gas chemical products outfit Petromasafi<\/a> to lease prebuilt facilities in Spark\u2019s dry port bonded area, according to a press<\/a>re<\/a>lease<\/a>. No additional details regarding potential investments and timelines were disclosed.<\/p>\n

Details:<\/strong> Esab and Petromasafi will use the leased facilities as light manufacturing and distribution points to shore up local and regional supply chains by facilitating the production, storage, and distribution of equipment and chemical products, the statement said. <\/p>\n

Background:<\/strong> The JV\u2019s logistics zone is expected to kick off operations this year<\/a>, offering services that include customs clearance and bonded warehouse storage. The hub looks to host 10 mn tonnes of cargo.<\/p>\n","protected":false},"excerpt":{"rendered":"

SPARK is set to come online some time this year<\/p>\n","protected":false},"author":1,"featured_media":77383,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[249],"tags":[282,31,207,124],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-supply-chains","tag-dry-port","tag-saudi-arabia","tag-storage-warehouses","tag-supply-chains","wpautop","entry"],"acf":{"mongo_id":"3f59a298-373e-4618-a128-d9678f3b443d","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/3\/1285.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Esab 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