<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">In a major tactical expansion of its alternative Red

Sea cargo corridors, the Saudi Ports Authority (Mawani) has launched a

dedicated liner service connecting Jeddah Islamic Port with the critical

regional transshipment hubs of Salalah in Oman and the Port of Djibouti. The

newly deployed loop introduces a weekly container carrying capacity of up to

1,730 twenty-foot equivalent units (TEUs), building structural trade resilience

across the Arabian Peninsula and the Horn of Africa.<o:p></o:p></span></p>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">The regional freight alignment establishes an

immediate buffer for global container lines, offering a reliable, high-volume

maritime bypass away from escalating transit blockades and insurance risks

squeezing the Strait of Hormuz logistics lanes.<o:p></o:p></span></p>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">Operated under Greta Shipping’s expanding container

network, the tri-port connectivity matrix links Saudi Arabia’s primary western

maritime gateway directly with the Indian Ocean and the East African coastline.

According to fleet deployment briefs, the streamlined cargo pipeline secures

several immediate commercial advantages for Middle Eastern and East Asian

supply lines:<o:p></o:p></span></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Suez

and Africa Transit Stabilization:</span></b><span style="font-size:14.0pt;

line-height:115%;font-family:&quot;Times New Roman&quot;,serif"> The route optimizes

transshipment connections at Salalah and Jeddah, providing shippers with a

highly predictable feedering alternative that completely circumvents

Persian Gulf maritime chokepoints.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Horn

of Africa Feedering Core:</span></b><span style="font-size:14.0pt;

line-height:115%;font-family:&quot;Times New Roman&quot;,serif"> By looping in the

Port of Djibouti, the service secures an expanded freight footprint across

East Africa, accelerating the distribution of non-oil exports and

manufacturing raw materials.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Enhanced

Container Velocity:</span></b><span style="font-size:14.0pt;line-height:

115%;font-family:&quot;Times New Roman&quot;,serif"> The dedicated 1,730-TEU loop

significantly shortens regional empty-container turnaround delays and

lowers port-to-port dwelling timelines across the Red Sea corridor.<o:p></o:p></span></li>

</ul>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">The shipping expansion directly advances Saudi

Arabia's long-term Vision 2030 blueprint, which aims to convert the Kingdom

into a premier, three-continent logistics nexus bridging Asia, Europe, and

Africa. Port planners emphasized that the new service closely follows the

activation of Mawani's "Red Sea Express" link, which recently unified

transit flows between Yanbu, Jeddah, Egypt’s Ain Sokhna, and Jordan’s Aqaba

port. By aggressively scaling up alternative logistics lanes and fortifying

deepwater berth utilization on its western coast, Riyadh continues to diversify

its commercial trade corridors against ongoing geopolitical market shocks.<o:p></o:p></span></p>