Bahri, Suez Canal Authority Strengthen Maritime Ties

Image Courtesy: SCA

National Shipping Company of Saudi Arabia (Bahri) and Suez Canal Authority (SCA) have decided to further support the maritime transport development between Saudi Arabia and Egypt and study a potential joint shipping company.

On March 11, the duo renewed the agreement aimed at facilitating seaborne transport across the Suez Canal.

The memorandum of agreement has been inked by Abdullah Aldubaikhi, Bahri’s CEO and Mohab Mameesh, Chairman and Managing Director of SCA.

In addition, the agreement includes a study of the establishment of a joint Egyptian-Saudi shipping company represented by SCA and Bahri. To be headquartered in Egypt, the company would be focused on transporting all kinds of cargo to fulfill Egypt’s needs.

Furthermore, the deal includes the study of another JV company providing integrated marine services for vessels crossing the canal. Back in 2016, Bahri and SCA started to explore possibilities on forming such a company.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2018 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Posidonia 2018

Posidonia, the international shipping exhibition, has long been established as one of the major calendar events…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

THE 7TH EDITION OF NAVALIA, INTERNATIONAL SHIPBUILDING EXHIBITION 2018

The event wanted to be from the beginning a reference for the naval sector and to serve as a tool to attract investors and contracts for the industry…

read more >

BlueWeek2018

The BlueWeek2018 will be held on 28-29-30 May in Rotterdam, under the auspices of the Blue Forum…

read more >