Aluminum Bahrain Transships Exports via Saudi Arabia Amid Strait of Hormuz Closure
According to a March 21 report, Ali Al Baqali, CEO of Aluminum Bahrain, said that as the traditional export route to global markets via the Strait of Hormuz was essentially closed, the company was transshipping aluminum products exports through Jeddah Port in Saudi Arabia.
Al Baqali said that although the company had declared force majeure and cut production, about 40 to 60 of its exports were currently being transshipped through Saudi Arabia, and transportation costs had not risen significantly.
Alba is the world's largest single-site aluminum smelter. Jeddah is located on Saudi Arabia's Red Sea coast, about 1,400 kilometers by land from Alba's plant.