PANAMA CITY, July 22, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, proudly announced its role as Title Sponsor of GM Vietnam 2025, Vietnam Blockchain Week’s flagship event and Southeast Asia’s largest Web3 gathering.

Taking place August 1–2 at the National Convention Center in Hanoi, GM Vietnam 2025 will gather over 20,000 global participants — from developers and founders to investors and tech visionaries — to explore the next wave of decentralized innovation. BingX is proud to support this collaborative ecosystem where ideas and technologies converge.

This partnership reflects BingX’s firm belief in innovation as the cornerstone of progress, echoed in its AI Evolution strategy, a $300M initiative to integrate AI deeply into every layer of the platform. From the BingX AI trading assistant to intelligent strategy tools, BingX is advancing a more personalized trading future — one that resonates with the spirit of GM Vietnam and the shared ambition to push Web3 forward.

“AI is not just a tool, it’s a catalyst for redefining how users interact with digital assets,” said Vivien Lin, Chief Product Officer at BingX. “As we embed AI into every layer of our platform, from market analysis to intelligent trade execution, our goal is to return dignity, autonomy, and confidence to every trader. This marks the beginning of a more intuitive, empowering trading era.” Vivien will deliver a keynote and a panel at GM Vietnam outlining how AI transforms the role of centralized platforms in Web3, continuing the vision she shared at last year’s event on building the infrastructure for next-generation Web3 incubation.

2025 marks BingX’s second consecutive year as a leading sponsor of GM Vietnam, elevating from Diamond Sponsor in 2024 to Title Sponsor this year, underscoring the platform’s longstanding commitment to fostering blockchain innovation and Web3 development in both rapidly-growing crypto markets like Vietnam and beyond.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information please visit: https://bingx.com/

SHANGHAI, July 22, 2025 /PRNewswire/ — On July 8, a distinguished delegation from the International Civil Aviation Organization’s (ICAO) Air Navigation Commission (ANC) arrived at Shanghai Pudong International Airport (PVG) for a technical exchange visit. This visit provided a prime opportunity to showcase PVG’s remarkable achievements in digital transformation, with a particular focus on the Total Airport Management (TAM) solution — a groundbreaking intelligent system co-developed by VariFlight and PVG.

Upon arrival, the delegation received an in-depth briefing on PVG’s digital transformation journey, with emphasis on the TAM solution. As an AI-driven, agent-based operational model, the TAM solution seamlessly integrates various aspects of airport management, optimizing resource allocation, streamlining workflows, and enhancing overall operational performance—all critical for large-scale airports like PVG.

The delegation expressed strong interest in and appreciation for the TAM solution’s practical implementation. VariFlight, as the technical provider of TAM, was on hand to offer detailed explanations, demonstrating its deep understanding of the system’s inner workings and its potential for further development.

Mr. Junrong Liang, President of ICAO ANC, emphasized that ICAO closely monitors the development of artificial intelligence (AI) applications in aviation. He encouraged airports to share more digital and intelligent best practices with ICAO ANC, as these could support the development of globally applicable standards in the future.

Following the meeting, the ANC delegation visited the airside operations area of PVG to observe a live demonstration of autonomous baggage tractors. Under the TAM system, the intelligent Surface Management Agent (SURF Agent) and Ground Management Agent (GMAN Agent) enabled real-time collaboration between systems and vehicles, significantly enhancing the safety and efficiency of autonomous ground operations.

Learn more about VariFlight’s innovations in intelligent airport operations and the future of TAM: https://www.variflight.com.

MELBOURNE, Australia and INDIANAPOLIS, July 22, 2025 /PRNewswire/ — Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, “Telix”) today provides an update on its commercial and operational performance for the quarter ended 30 June 2025 (Q2 2025). All figures are in USD unless stated otherwise.

Q2 2025 Highlights 

• Q2 2025 unaudited group revenue of approximately $204 million, up 63% year-over-year.
• FY 2025 revenue guidance of $770 million to $800 million is reaffirmed.
• Gozellix® launched in the U.S. and commercial dose deliveries commenced.
• Gozellix has been assigned a Level II HCPCS code^[1] (effective 1 October 2025), a prerequisite for receiving Transitional Pass-Through payment status.
• ProstACT™ Global Phase 3 trial milestone – all 30 patients consented for Part 1. Global expansion with regulatory approvals to expand the trial into China, Japan and Canada.

Q2 2025 Revenue (Unaudited)

Commentary and business highlights

Dr. Christian Behrenbruch, Managing Director and Group CEO, Telix, stated, “Dose volumes for Illuccix rose 7% quarter-on-quarter in the U.S., reinforcing the strength of our market position and continued customer demand. Despite emerging competitive pricing pressure, we have effective strategies in place to manage impact to average selling price. This includes the recent launch of Gozellix which has been assigned a HCPCS code, a crucial reimbursement milestone towards pass-through status. We continue to show positive momentum across multiple assets in our therapeutic pipeline, including achievement of a key recruitment milestone in our ProstACT Global Phase 3 trial.”

Therapeutics business

• TLX591(¹⁷⁷Lu-rosopatamab tetraxetan): Telix has consented all 30 patients required to complete Part 1 of ProstACT Global, the Phase 3 trial of its lead prostate cancer therapy candidate. Patients in two of the three arms (abiraterone and enzalutamide as standard of care) have completed dosing. An interim readout of safety and dosimetry will follow the completion of patient dosing, monitoring and data analysis. The trial is proceeding seamlessly into Part 2 at existing ex-U.S. sites and additional regulatory approvals have been obtained to commence the trial in China, Canada and Japan^[4].
• TLX592 (²²⁵Ac-PSMA-RADmAb): Telix has submitted a Human Research Ethics Committee (HREC) application in Australia for a Phase 1, first-in-human therapeutic study of a targeted alpha therapy in advanced metastatic castration resistant prostate cancer.
• TLX101 (¹³¹I-iodofalan, or ¹³¹I-IPA): Telix received HREC approval in Australia to commence IPAX BrIGHT, an international pivotal trial. An IPAX BrIGHT Clinical Trial Application (CTA) has also been submitted in Europe.
• TLX250 (¹⁷⁷Lu-DOTA-girentuximab): STARLITE-1^[5] is enrolling patients. This Phase 1b/2 clinical trial is investigating the use of TLX250 in combination with cabozantinib and nivolumab, in clear cell renal cell carcinoma (ccRCC). Trial submission is in preparation for a pivotal trial of TLX250 as a monotherapy in advanced metastatic ccRCC, initially launching ex-U.S.
• TLX090 (¹⁵³Sm-DOTMP): In July, Telix submitted an Investigational New Drug (IND) application for a Phase 1 bridging study for Telix’s therapeutic candidate for the palliation of bone pain in patients with osteoblastic metastatic disease to the bone.

Precision Medicine business

PSMA portfolio (Illuccix and Gozellix):

• Telix received country-level approvals for Illuccix in France, Finland, Ireland, Sweden, Germany, Portugal, Greece, the Czech Republic, Belgium and Italy in Q2 and is launching on a market-by-market basis, as reimbursement is secured.
• Telix has completed enrolment of the Illuccix China Phase 3 study^[6], which will be used to file a marketing authorization in China in Q4 2025.
• Telix has received HREC approval in Australia and filed an IND with the FDA in the U.S. for a Phase 3 clinical trial aimed at expanding the label indication for Illuccix and Gozellix. The BiPASS study^[7] will evaluate the performance of MRI^[8] combined with PSMA PET^[9] imaging for detection and diagnosis of prostate cancer, which is designed to reduce the need for invasive biopsies.
• Telix has submitted a Prior Approval Supplement (PAS) to update the U.S. Prescribing Information for Illuccix. The proposed label expansion includes patient selection for radioligand therapy (RLT) in the pre-taxane setting. The prescribing information is expected to be updated, following FDA’s review of the submission^[10].
• As part of product lifecycle management strategy, Telix announced a novel PET^[11] radiochemistry solution based on fluorine-18 (¹⁸F)-aluminium fluoride (AlF), branded AlFluor™^[12]. The platform technology enables flexible radiolabeling of PSMA^[13] with either AlF or gallium-68 (⁶⁸Ga). As part of the platform’s development, Telix signed a strategic agreement with University Hospital Ghent and Ghent University for a novel [¹⁸F]AlF-PSMA-11 targeting agent, including extensive clinical data to enable a U.S. registration trial.

Pixclara®^[14] (TLX101-CDx, ¹⁸F-floretyrosine or ¹⁸F-FET): A successful Type A meeting was held with the FDA on 24 June 2025, to agree on a path forward for resubmitting the New Drug Application (NDA) for Telix’s brain cancer imaging candidate.

Zircaix®^[15] (TLX250-CDx, ⁸⁹Zr-DFO-girentuximab): The Company continues to progress a Biologics License Application (BLA) with the FDA for its kidney cancer PET imaging candidate. The PDUFA^[16] date remains 27 August 2025.

Telix Manufacturing Solutions (TMS)

• Telix announced its Good Manufacturing Practice (GMP) manufacturing facility in Yokohama, Japan. Telix’s first cyclotron facility in the Asia Pacific region represents a significant milestone in the Company’s global manufacturing strategy. It will serve as a hub for commercial and clinical drug product supply, and future research and development in the region.
• The TMS facility in Brussels South (Seneffe), Belgium, produced its first GMP commercial radiopharmaceutical doses, marking the formal launch of Telix’s radiopharmaceutical manufacturing capability in Europe.

Corporate update

Telix has received a subpoena from the U.S. Securities and Exchange Commission (SEC) seeking various documents and information primarily relating to the Company’s disclosures regarding the development of the Company’s prostate cancer therapeutic candidates.   

The Company is fully cooperating with the SEC and is in the process of responding to the information request. At this stage, this matter is a fact-finding request. The Company has elected to notify the Australian Securities and Investments Commission of the SEC’s information request. Telix’s policy is not to discuss any details of an ongoing regulatory inquiry.    

The information request from the SEC does not mean that Telix or anyone else has violated United States federal securities laws or that the SEC has a negative opinion of any person, entity or security. We cannot predict when this matter will be resolved or what (if any) action the SEC may take following the conclusion of this investigation. 

While the matter is ongoing, Telix will continue with its clinical development programs relating to its prostate cancer therapy candidates, in the ordinary course of business. The information request does not extend to Telix’s commercial and late-stage precision medicine products including Illuccix, Gozellix, Zircaix, Pixclara and Scintimun®.  

FY 2025 guidance

• Telix confirms FY 2025 revenue guidance of $770 million to $800 million^[17].
• Guidance reflects revenue from Illuccix sales in jurisdictions with a marketing authorization, and 11 months of revenue contribution from RLS^[18].
• Telix confirms research and development (R&D) expenditure guidance, expecting a year-over-year increased investment range for FY 2025 of 20% to 25% compared to FY 2024.

Guidance disclaimer

The stated revenue guidance is based on expected global and domestic economic conditions and is subject to known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially. As such, investors are cautioned not to place undue reliance on this guidance and in particular Telix cannot guarantee a particular result. In compiling financial forecasts, a number of key variables that may have a significant impact on guidance have been identified and are listed below.

Key variables that could cause actual results to differ materially include: the success and timing of research and development activities; decisions by regulatory authorities regarding approval of our products as well as their decisions regarding label claims; competitive developments affecting our products; the ability to successfully market new and existing products; difficulties or delays in manufacturing; trade buying patterns and fluctuations in interest and currency exchange rates; legislation, regulation, or policy that affects product production, distribution, pricing, reimbursement, access or tax; acquisitions and divestitures; research collaborations; litigation or government investigations; and Telix’s ability to protect its patents and other intellectual property. See the Legal Notices section below for additional information, risks and assumptions.

About Telix Pharmaceuticals Limited

Telix is a biopharmaceutical company focused on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals and associated medical technologies. Telix is headquartered in Melbourne, Australia, with international operations in the United States, Brazil, Canada, United Kingdom, Europe (Belgium and Switzerland), and Japan. Telix is developing a portfolio of clinical and commercial stage products that aims to address significant unmet medical needs in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (NASDAQ: TLX).

Telix’s prostate imaging product, gallium-68 (⁶⁸Ga) gozetotide injection (also known as ⁶⁸Ga PSMA-11 and marketed under the brand name Illuccix®), has been approved by the FDA^[19], and in multiple markets globally. Gozellix® (kit for the preparation of gallium-68 (⁶⁸Ga) gozetotide injection) has been approved by the FDA^[20].

Telix’s osteomyelitis (bone infection) imaging agent, technetium-99m (^99mTc) besilesomab, marketed under the brand name Scintimun®, is approved in 32 European countries and Mexico. Telix’s miniaturized surgical gamma probe, SENSEI®, for minimally invasive and robotic-assisted surgery, is registered with the FDA for use in the U.S. and has attained a Conformité Européenne (CE) Mark for use in the European Economic Area. No other Telix product has received a marketing authorization in any jurisdiction.

Visit www.telixpharma.com for further information about Telix, including details of the latest share price, ASX and U.S. Securities and Exchange Commission (SEC) filings, investor and analyst presentations, news releases, event details and other publications that may be of interest. You can also follow Telix on LinkedIn, X and Facebook.

Telix Investor Relations (Global)

Ms. Kyahn Williamson
Telix Pharmaceuticals Limited
SVP Investor Relations and Corporate Communications
Email: kyahn.williamson@telixpharma.com

Telix Investor Relations (U.S.)

Annie Kasparian
Telix Pharmaceuticals Limited
Director Investor Relations and Corporate Communications
Email: annie.kasparian@telixpharma.com

Media Contact 

Eliza Schleifstein
Eliza@schleifsteinpr.com  

This announcement has been authorized for release by the Telix Pharmaceuticals Limited Board of Directors.

Legal Notices

Cautionary Statement Regarding Forward-Looking Statements. 

You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the Australian Securities Exchange (ASX), U.S. Securities and Exchange Commission (SEC), including our Annual Report on Form 20-F filed with the SEC, or on our website.

The information contained in this announcement is not intended to be an offer for subscription, invitation or recommendation with respect to securities of Telix Pharmaceuticals Limited (Telix) in any jurisdiction, including the United States. The information and opinions contained in this announcement are subject to change without notification.  To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to update or revise any information or opinions contained in this announcement, including any forward-looking statements (as referred to below), whether as a result of new information, future developments, a change in expectations or assumptions, or otherwise. No representation or warranty, express or implied, is made in relation to the accuracy or completeness of the information contained or opinions expressed in the course of this announcement.

This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as “may”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”, “forecast” and “guidance”, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on Telix’s good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect Telix’s business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix’s business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress, completion and results of Telix’s preclinical and clinical trials, and Telix’s research and development programs; Telix’s ability to advance product candidates into, enroll and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals for Telix’s product candidates, manufacturing activities and product marketing activities; Telix’s sales, marketing and distribution and manufacturing capabilities and strategies; the commercialization of Telix’s product candidates, if or when they have been approved; Telix’s ability to obtain an adequate supply of raw materials at reasonable costs for its products and product candidates; estimates of Telix’s expenses, future revenues and capital requirements; Telix’s financial performance; developments relating to Telix’s competitors and industry; the anticipated impact of U.S. and foreign tariffs and other macroeconomic conditions on Telix’s business; and the pricing and reimbursement of Telix’s product candidates, if and after they have been approved. Telix’s actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.

Trademarks and Trade Names. All trademarks and trade names referenced in this press release are the property of Telix Pharmaceuticals Limited (Telix) or, where applicable, the property of their respective owners. For convenience, trademarks and trade names may appear without the ® or ™ symbols. Such omissions are not intended to indicate any waiver of rights by Telix or the respective owners. Trademark registration status may vary from country to country. Telix does not intend the use or display of any third-party trademarks or trade names to imply any affiliation with, endorsement by, or sponsorship from those third parties.

©2025 Telix Pharmaceuticals Limited. All rights reserved.

TAIPEI, July 22, 2025 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, has announced an expanded partnership with PSG TALON, one of Asia’s premier League of Legends teams. As Official Crypto Exchange Partner for the upcoming competitive season, Flipster continues its commitment to shaping the future of competitive gaming through meaningful fan engagement.

This marks the latest chapter in Flipster’s ongoing collaboration with TALON, which began earlier in May with the team’s Dota 2 roster. With PSG TALON, Flipster enters one of the most-watched esports titles in the world, bringing fans even closer to the action.

At the core of the partnership is a shared focus on access, creativity, and community. A series of bespoke fan experiences is set to bring the world of trading and gaming closer together in ways that are fresh, personal, and engaging.

These experiences include virtual and in-person meet-and-greets with players, one-on-one video calls, and limited-edition collectible cards featuring game-worn items. Fans can also look forward to watching parties during major tournaments, offering immersive ways to connect with both the team and fellow supporters.

“PSG TALON has always played with heart. They’re adventurous, bold, and unafraid to challenge expectations,” said Youngsun Shin, Head of Product and Partnerships at Flipster. “That fearless mindset resonates with us deeply. In crypto, as in esports, it takes grit to go against the grain and build something new. We’re proud to be part of their journey and excited to give fans more ways to experience the game they love.”

“We’re proud to grow our partnership with Flipster,” said Sean Zhang, CEO of TALON. “They bring fresh perspective and genuine care for the fan experience. Together, we’re creating something different, and PSG TALON fans will be the first to feel it.”

“We are delighted to welcome Flipster as the official partner of our PSG TALON League of Legends team. Together, we share a common ambition: to push the boundaries between technology, competition, and fan experience. This partnership reflects our shared desire to innovate, surprise, and strengthen the bond with our community through unique and immersive fan activations,” said Valentin Weller, Head of PSG Esports, Paris Saint-Germain.

Founded in 2023, Flipster is a high-performance crypto trading platform focused on speed, access, and precision. As it scales globally, it continues to support communities at the intersection of technology, finance, and culture, including the fast-evolving world of esports.

About Flipster

Flipster is the zero-friction exchange for crypto traders who demand the ultimate perpetual trading experience. With deep liquidity, ultra-tight spreads, and instant execution, it delivers precision and performance for those who move fast and trade faster.

Learn more at flipster.io or follow X.

About TALON

TALON is a leading esports and entertainment organization headquartered in Hong Kong, with competitive teams and operations across Asia. TALON is known for its dominance in titles such as League of Legends, Dota 2, Arena of Valor, and more, as well as its growing content platform and lifestyle-driven brand collaborations.

HANGZHOU, BEIJING, China and CAMBRIDGE, Mass., July 22, 2025 /PRNewswire/ — METiS Technologies, a global leader in AI-driven nanodelivery innovation, today announced the presentation of its latest research findings at the poster session of the 2025 Controlled Release Society (CRS) Annual Meeting. The company demonstrated that its proprietary AiLNP platform enables the rapid design of tissue-targeted lipid nanoparticles (LNPs), which exhibit high delivery efficiency, strong tissue specificity, and excellent translatability in non-human primates (NHPs).

Founded in 1978, the Controlled Release Society is the world’s foremost nonprofit scientific organization dedicated to advanced drug delivery. At this year’s meeting, METiS Technologies stood out as the only Chinese biotechnology company participating with a featured poster presentation. Dr. Hongming Chen, Co-founder and Chief R&D Officer of METiS and a Member of the U.S. National Academy of Engineering, together with Dr. Andong Liu, Vice President of METiS, presented the poster titled: “AI-Empowered LNP Discovery for Organ-Targeted RNA Delivery.”

The AiLNP platform is METiS’ proprietary AI-driven system for nucleic acid delivery design. It integrates a de novo lipid generation foundation model, a high-throughput microfluidics-based LNP assembly and screening system, and a large-scale, proprietary lipid library. Collectively, these innovations expand the design space of nanomaterials by over 1,000-fold compared to conventional approaches—effectively overcoming long-standing discovery bottlenecks in the field.

By combining predictive AI models with molecular dynamics simulations, the AiLNP platform provides mechanistic insights into lipid behavior and enables prediction of more than 10 physicochemical parameters. It further allows for rational design and optimization of LNP components and ratios to construct customized, high-performance delivery systems.

Key findings from the poster highlight the platform’s ability to accelerate LNP design cycles while significantly improving discovery speed and quality across multiple tissue targets:

Liver-targeted LNPs developed through AiLNP demonstrated best-in-class performance for gene editing, achieving high efficiency and safety in NHPs. Using CRISPR-Cas9-mediated TTR knockdown as a model, LNP developed by AiLNP achieved ~90% reduction in serum TTR levels with only a transient, mild elevation in liver enzymes.

Lung-targeted LNPs exhibited high delivery efficiency and specificity in rodents, with successful translation to NHPs. At the cellular level, these LNPs transfected a broad range of pulmonary cell types in NHPs—including stem-like cells, alveolar type II cells (>30%), and airway basal cells (>10%) at 1 mg/kg—supporting their potential for durable genetic correction.

METiS’ Musle-targeted LNPs also enabled successful in vivo delivery and gene editing in multiple types of muscle cells in mice.

 “This year’s CRS theme, ‘Next-Generation Delivery Innovation’, reflects the rapid evolution in drug delivery technologies. Among the 410 accepted posters across 12 research tracks, more than 200 focused on nanomedicine, nanodelivery, and gene editing—demonstrating these as the most active areas of exploration,” said Dr. Hongming Chen, Co-founder and Chief R&D Officer of METiS Technologies. “We’re pleased to present our findings at the world’s premier scientific forum for drug delivery and remain committed to pushing the boundaries of LNP discovery.”

Dr. Chris Lai, Co-founder and CEO of METiS, added: “Since day one, METiS has been positioning at the global forefront of AI-powered nanomaterial innovation. We believe nanodelivery is the critical enabler of the next generation of programmable medicines—and that AI will be the key catalyst driving this transformation.”

AI Nanodelivery for a Healthier Future. METiS Technologies is a pioneering TechBio company at the intersection of artificial intelligence and nanomaterial science, focused on transforming the delivery and application of active agents across life forms. Founded by a team of MIT-trained scientists with deep expertise in AI, quantum mechanics, nanomaterials, and advanced drug delivery, the company has developed three proprietary platform technologies, AiLNP – AI platform for nucleic acid delivery system design; AiRNA – AI platform for mRNA sequence optimization; and AiTEM – AI platform for small molecule formulation design.

METiS’ platforms simulate, predict, and interpret nanoscale interactions to enable rational design, optimization, and validation of next-generation nanomaterials and their payloads. By advancing AI-enabled nanotechnology, METiS strives to unlock new therapeutic possibilities across a wide range of diseases, including cancer, metabolic and autoimmune disorders, and neurodegenerative conditions, and improve the health of lives. 

JEDDAH, Saudi Arabia, July 22, 2025 /PRNewswire/ — The Saudi Ports Authority “Mawani” has announced the addition of the new shipping service “FRS1” operated by CSTAR LINE to Jeddah Islamic Port, contributing to enhancing the port’s competitiveness, expanding its maritime service network, supporting its operational efficiency, and reinforcing its standing as a strategic logistics hub on the Red Sea coast.

MAWANI Adding the Shipping Service “FRS1” by “CSTAR LINE” to Jeddah Islamic Port

The new shipping service links Jeddah Islamic Port with five regional and global ports, including Ningbo, Shanghai, and Nansha in China, Aqaba in Jordan, and Ain Sokhna in Egypt, with a handling capacity of up to 2,000 TEUs.

This step aligns with Mawani’s ongoing efforts to improve the Kingdom’s standing in global performance indicators and support national export movement, in line with the objectives of the National Transport and Logistics Strategy, to solidify the Kingdom’s standing as a global logistics hub bridging the three continents.

It is worth noting that Jeddah Islamic Port features a high handling capacity of 130 million tons, and advanced logistics services through 62 multipurpose berths, in addition to several specialized terminals and modern facilities, including two container terminals with a handling capacity of 7.5 million TEUs, two general cargo terminals, two dry docks for ship repair and marine unit maintenance, and a group of marine service berths.