Core Insights - The signing of a joint venture agreement between COSCO Shipping Specialized Carriers, COSCO Shipping (Middle East), and PSS in Dammam, Saudi Arabia marks the establishment of a key integrated supply chain hub, transitioning Sino-Saudi logistics cooperation from "channel interconnection" to "hub co-governance" [1][6] Group 1: Strategic Importance - The Dammam hub is positioned as a functional hub along the main trade routes connecting Asia, Africa, and Europe, leveraging its geographical advantages to facilitate maritime and land transport [2][3] - The project aims to break down barriers across supply chain segments, creating an integrated service ecosystem that covers "end-to-end" logistics [1][2] Group 2: Resource Integration - The collaboration involves leveraging COSCO's global shipping network, regional operational expertise from COSCO Shipping (Middle East), and PSS's local resources in the oil and industrial sectors, forming a robust foundation for the supply chain [3][4] - The hub will manage 100,000 square meters of core supply chain resources, integrating storage, pre-operation areas, specialized equipment, and smart information systems [2][3] Group 3: Operational Efficiency - The Dammam hub aims to create a "ship-port-field" integrated system to address the challenges of onshore service mismatches faced by specialized vessels [4][5] - This integration allows for customized port services and enhances the efficiency and safety of transporting specialized cargo by transforming operational management from a reactive to a proactive approach [4][5] Group 4: Value Proposition - The establishment of the Dammam hub enhances the "last mile" service capabilities, transitioning the company from a mere transport provider to a comprehensive supply chain partner [5][6] - By offering end-to-end solutions that include warehousing, customs clearance, and value-added services, the company aims to deepen its integration into clients' supply chains [5][6] Group 5: Regional Strategy - The Dammam hub aligns with Saudi Arabia's Vision 2030 and China's Belt and Road Initiative, facilitating logistics infrastructure development and economic diversification [6][7] - The partnership is expected to enhance the logistics service capabilities of Dammam Port, contributing to Saudi Arabia's goal of ranking among the top 10 in the global logistics performance index [6][7] Group 6: Future Outlook - The Dammam hub is seen as a foundational step for the company to continue evolving its supply chain system, reinforcing its commitment to becoming a full-service supply chain partner [7] - The company plans to leverage this hub to drive further integration of global resources and enhance logistics capabilities for Sino-Saudi economic cooperation [7]
中远海特落子沙特达曼:打造中沙供应链核心节点,开启“枢纽共治”新时代