{"id":96304,"date":"2026-06-01T00:00:00","date_gmt":"2026-06-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=96304"},"modified":"2026-06-01T06:00:02","modified_gmt":"2026-06-01T06:00:02","slug":"1q-earnings-from-gulfnav-mawani-adds-new-service-to-jeddah-port","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/06\/01\/1q-earnings-from-gulfnav-mawani-adds-new-service-to-jeddah-port\/","title":{"rendered":"1Q earnings from GulfNav + Mawani adds new service to Jeddah Port"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Gulf Navigation Holding had a solid 1Q<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>GulfNav back in the black: <\/strong>Dubai-listed maritime firm Gulf Navigation Holding (GulfNav) posted a net income of 19.8 mn in 1Q 2026, reversing an AED 807k loss recorded in the same period last year, according to its <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/5\/1255.pdf\" style=\"\">financial release (pdf)<\/a>. The firm\u2019s revenue jumped 63.6% y-o-y to AED 109.8 mn during the quarter.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Mawani keeps stitching the Red Sea map<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mawani adds RS1 to its Red Sea network:<\/strong> The Saudi Ports Authority (Mawani) <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/mawaniksa_aelaewaeqaepaezabraetaewaepaeuaeo-aetaebaepaezaepaesaeuaepabraetaepaeqaesaerabraepaeyabraehaepaesaetabraetaesaeiaeyaez-activity-7463226814858133504-pItI?utm_source=share&utm_medium=member_desktop&rcm=ACoAADH5dPEBRXvMivVG7sfTnmnNXL6pv3olj04\" style=\"\">launched<\/a> a new shipping service \u2014 RS1 \u2014 linking Jeddah Islamic Port with Oman\u2019s Salalah Port and Djibouti Port, with a capacity of 1.7k TEUs. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stories on our radar this morning from around the region<\/p>\n","protected":false},"author":1,"featured_media":96305,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[63],"tags":[62,174,17,60,37,326,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-earnings-watch","tag-enterprise-logistics","tag-mawani","tag-ports","tag-saudia","tag-shipping-maritime","wpautop","entry"],"acf":{"mongo_id":"a4207319-42be-4e0e-8e9c-6682e5ec466e","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/158.jpg","photo_position":"above","homepage_title":"","full_issue_title":"GulfNav\u2019s earnings turn positive + Mawani debuts new services","related_issue":[96293],"teaser":"Stories on our radar this morning from around the region"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>1Q earnings from GulfNav + Mawani adds new service to Jeddah Port - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/06\/01\/1q-earnings-from-gulfnav-mawani-adds-new-service-to-jeddah-port\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"1Q earnings from GulfNav + Mawani adds new service to Jeddah Port\" \/>\n<meta property=\"og:description\" content=\"Stories on our radar this morning from around the region\" 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