NEOM-CEVA MoU Targets Europe-Iraq Corridor

By John Lee.

Saudi Arabia's Port of NEOM and CEVA Almajdouie Logistics have signed a memorandum of understanding to explore integrated logistics solutions across the Europe-Egypt-Saudi Arabia-GCC-Iraq multimodal corridor. The agreement aims to help customers move cargo more efficiently between international shipping routes and inland markets.

According to Port of NEOM, the collaboration will combine the port's Red Sea location and multimodal connectivity with CEVA Almajdouie Logistics' transportation, customs brokerage, warehousing and cross-border logistics capabilities.

Port of NEOM is located within Oxagon in Saudi Arabia and is developing as a multimodal logistics hub connecting global shipping routes with inland markets. Its network includes connections across the Europe-Egypt-NEOM-GCC-Iraq corridor and expanding maritime links to international trade lanes.

The MoU also provides for joint customer engagement and market development initiatives aimed at strengthening cargo flows through the port.

(Source: Port of NEOM)

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