Saturday, November 4, 2023

NEOM Port: Saudi Arabia’s Duba Gets a New Name


Duba Port, located in the northwest of Saudi Arabia, has been renamed as Port of NEOM in a bid to transform local ports into globally competitive logistics hubs. The management of Duba Port was transferred from the Saudi Ports Authority to NEOM in 2022, and since then, the port’s capabilities have been expanded to meet the rising volume of cargo coming into NEOM. This includes container and general cargo handling. NEOM CEO Nadhmi Al-Nasr said that the Port of NEOM will be pivotal to the continued commercial competitiveness, economic diversification, and maritime trade ambitions of the Kingdom. Investments worth SR7.5 billion ($2 billion) have been made in the port till now, and its first advanced terminal will be opened in 2025. The port will function at net-zero levels by using 100 percent renewable energy for its operations.

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