Saudi Arabia – The Saudi Ports Authority (Mawani) has granted a unified license to the international shipping company Global Shipping Lines (PIL), formally recognizing it as an authorized foreign investor to operate maritime institutions in the country’s ports.
This license was issued in accordance with the regulations outlined in the Maritime Services and reflects Mawani’s commitment to increasing the efficiency of the maritime sector and improving the quality of operational services provided at the port. According to a report by the Saudi Press Agency, the plan aims to gather global expertise and facilitate knowledge transfer within the Kingdom, in line with international best practices in the shipping industry.
This initiative is part of Mawani’s continued efforts to develop the maritime business environment, enable international companies to invest in the Saudi market, and increase competitiveness within the maritime sector. PIL has regional headquarters in Riyadh and manages operations in 29 countries.
The move will strengthen Saudi Arabia’s position as an important logistics hub in line with the national transport and logistics strategy, while attracting more international shipping companies. This will strengthen Saudi Arabia’s role as an important link between the three continents.
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