Mawani and Rotterdam ink smart ports deal

The deal will see the two work together on port corporatisation, whereby terminal operations are outsourced to the private sector whilst ownership and regulation remains under government control.

The agreement also includes supporting marine eco systems and a ‘green ports initiative’ aimed at creating economic and social values.

The national maritime regulator had earlier inked a deal with Port of Antwerp International to bolster cooperation in port optimisation, digital transformation and capacity building in line with its objective to strengthen corporate governance, organisational excellence and growth.

The latest agreement falls under Mawani’s broader strategy to drive sustainable progress within the maritime sector as part of the ambitions set by Saudi Vision 2030.

In February this year, Mawani, with Danish shipping giant Maersk, started work on a multi-purpose, environmentally friendly logistics park at Jeddah Islamic Port. The US$346 million investment project will use renewable energy to power the entire facility.