Boskalis

Port of NEOM bulk calls jump to 25 as war diverts Red Sea cargo

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Port of NEOM bulk calls jump to 25 as war diverts Red Sea cargo

NEOM – October 27, 2026 -- Monthly RoRo vessel calls at the Port of NEOM reached 30 in September 2026, about 70% above the pre-war average of 17. War-diverted cargo is lifting traffic at a port built for a megacity that is shrinking, according to Windward maritime analysis.

The growth runs against NEOM's own trajectory. The Public Investment Fund wrote down its giga-projects by $8 billion at the end of 2024 and ordered spending cuts of more than 20%. The Line was paused in September 2025, and the $2.5 billion NEOM Stadium planned for the 2034 World Cup was shelved in early October 2026.