Riyadh, November 20, 2022, SPA – Saudi Ports Authority (Mawani) announced today the addition of the “Sea Lead” company to the new freight service “FAM” at King Abdulaziz Port in Dammam, in cooperation with the “Saudi International Ports Company”, the operator of the Port’s two container terminals, which will contribute to the development and promotion of national exports, serves commercial traffic and provides additional capacities for exporters and importers. This announcement coincides with the launch of the added EJBS service from the Emirates Shipping line, which includes King Abdulaziz Port in Dammam - Shuwaikh Port in Kuwait - Port of Jebel Ali in the UAE - Khalifa bin Salman Port in Bahrain and back to King Abdulaziz Port in Dammam, as this service shortens the time of movement of goods within the Arabian Gulf ports. The new services, which were launched on November 15, 2022, contribute to strengthening the pivotal position of King Abdulaziz Port in Dammam regionally and globally, strengthening its connection to the ports of the East, in addition to increasing transshipment containers and facilitating supply chains, as well as increasing the volume of shipments and gaining a larger market share of ships transiting on the coast of the Arabian Gulf. The "FAM" freight service connects King Abdulaziz Port in Dammam with six major regional and international ports: Qingdao, Shanghai, Ningbo, Nansha, Jebel Ali, and Hamad Port, while cruising to King Abdulaziz Port in Dammam, with a capacity of 6,900 standard containers per week. The "FAM" freight service is distinguished by a direct return trip from King Abdulaziz Port in Dammam to the Chinese port of Qingdao, which leads to a reduction in the time it takes for Saudi exports, the speed of their arrival to global markets and an increase in their competitiveness, which results in the creation of major business opportunities and logistical support for Saudi exporters. -- SPA 15:53 LOCAL TIME 12:53 GMT 0014 www.spa.gov.sa/w1816085