LogiPoint secures Aramco Chemicals export contract
LogiPoint has entered an agreement with Aramco Chemicals Company (ACC) to provide export logistics services from its Bonded and Re-Export Zone (BRZ) spread over 1 million m2 adjacent Jeddah Islamic Port.
With the extensive support from Saudi Customs and Jeddah Islamic Port to Re-engineer the Export Process this agreement provides ACC with a strategic export logistics Hub, which helps eliminate the need to use an intermediary overseas hub for storage and onward shipping of their cargoes, LogiPoint said in a release.
By shipping the cargo directly to the target market, it reduces the export processing time from one week to one day, thereby increasing the demand and appeal for Saudi products.
LogiPoint operates the largest Bonded and Re-Export Zone (BRZ) in KSA. Spread over 1 million m2 in Jeddah, it enables clients to save up to 8 days shipping via Jeddah and to re-export without needing to pay customs.
LogiPoint (a subsidiary of Saudi Industrial Services Co. – SISCO), a Saudi Joint stock company listed on Tadawul.