LR and MAWANI sign agreement to support the development of Saudi Arabia’s maritime and ports sector
Lloyd’s Register (LR) and the Saudi Ports Authority (MAWANI) have signed a Memorandum of Understanding (MoU) to explore collaboration for the continued development of Saudi Arabia’s maritime and ports sectors. The MoU was signed…
Over a three-year period, LR and MAWANI will explore opportunities spanning maritime governance and capacity building, sustainability, digitalisation, regulatory compliance and risk management. Both organisations will consider collaboration in innovation, maritime insurance, training and professional qualifications.
The partnership is in line with Saudi Arabia’s National Transport and Logistics Strategy, launched in 2021, which aims to position the Kingdom as a global logistics hub.
The two organisations will explore how LR’s knowledge and Advisory expertise could strengthen the development of effective maritime and port administration and operations. Potential activities include governance and organisational assessments, competency frameworks, leadership development, stakeholder engagement and the creation of policies and procedures aligned with relevant international standards.
His Excellency Eng. Suliman Al-Mazroua, President of MAWANI, and LR CEO, Nick Brown
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