Mawani seals $266mln marine services contract for Saudi ports

Mawani seals $266mln marine services contract for Saudi ports

Saudi Ports Authority (Mawani) has signed four contracts in cooperation with the Ministry of Transport and Logistic Services and the National Center for Privatization, in bid to elevate Saudi ports' appeal for trade, aligning them with global standards of efficiency and competence.

The deal, worth over SAR1 billion ($266 million), involving key entities Zamil Marine Services Company and Naghi Marine Company, is aimed at providing diverse maritime services across eight Mawani ports, reported SPA.

It was inked at Dammam under the patronage of Governor of the Eastern Region, Prince Saud bin Naif bin Abdulaziz, and in the presence of Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority, Eng. Saleh bin Nasser Al-Jasser.

As per the marine services contracts, Zamil Marine will be responsible for providing marine services at the Jeddah Islamic Port, the Jazan Port, the Ras Al Khair Port, King Fahd Industrial Port in Jubail, and Jubail Commercial Port, while Naghi Marine will take care of King Abdulaziz Port in Dammam, Yanbu Commercial Port, and King Fahd Industrial Port in Yanbu.

Highlighting the government's commitment, the Governor of the Eastern Region emphasized the support from King Salman bin Abdulaziz Al Saud, and the guidance of His Royal Highness