Tag Archives: The Saudi Maritime Congress 2023

The Saudi Maritime Congress 2023

Saudi Maritime Congress unveils blueprint for Kingdom’s maritime megaprojects and global integration

Saudi Arabia’s Vision2030 is sailing towards unprecedented success, driven by record-breaking 2022 oil revenues. With a visionary focus on the maritime sector, the Kingdom is poised to make substantial strides in the global maritime industry

Saudi Arabia_ Wednesday 6th of September 2023: The Saudi Maritime Congress 2023 is unveiling an inspiring vision for the future of both the Saudi Arabian oilfield and maritime service markets, signifying a momentous transformation on the horizon. Forecasts indicate a combined market value of $12.08 billion in 2023, setting the stage for an impressive surge with projections soaring to a remarkable $19.68 billion by 2030. This extraordinary growth is fueled by a striking compound annual growth rate (CAGR) of 7.22%.

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