The Saudi Ministry of Commerce announced a significant 28% increase in commercial registrations for maritime transport and shipping in the Eastern region, culminating in 397 registrations by the end of Q3 2023. This marks a notable rise from 310 registrations recorded at the same point in 2022.
This growth in maritime transport and shipping is integral to the broader transport and logistics sector, aligning with Saudi Arabia's ambitious Vision 2030. The sector aims to transform the Kingdom into a leading global logistics center, highlighting the strategic importance of these maritime activities.