The Saudi Ports Authority (Mawani) has reached a partnership deal with Port of Rotterdam to collaborate in the areas of smart ports, human capital development, knowledge transfer, and performance optimization.
The agreement was signed at Jeddah Islamic Port by H.E Omar Hariri, Mawani President, and Boudewijn Siemons, CEO at Port of Rotterdam Authority.
The deal will further enhance cooperation between both entities in port corporatization, a widely-adopted business model based on outsourcing terminal operations to the private sector while keeping the ownership and regulatory aspects in the hands of autonomous government bodies.
The national maritime regulator had earlier inked a deal with Port of Antwerp International (PAI) to bolster mutual cooperation in the domains of port optimization, digital transformation, and capacity building in line with its objective to strengthen corporate governance, organizational excellence, and sector-wide growth.