Mosolf establishes joint venture in Saudi Arabia
Mosolf Port Logistics & Services has entered into a partnership with Saudi Arabia’s national shipping company Bahri and Tasatu Mobility Investments to form a joint venture aimed at developing automotive logistics in Saudi Arabia. The collaboration, retroactively effective from 1 January 2025, was officially presented at the PIF Forum in Riyadh.
The venture plans to establish logistics hubs in Jeddah, Riyadh and Dammam, offering “pre-delivery inspections, vehicle cleaning, painting, storage and more,” the company said.
Additionally, the Wilhelmshaven hub will be developed and is expected to play a key role in supporting international vehicle shipments. These goals are in line with the Saudi’s ‘Vision 2030’, according to the company. (js)