Saudi Ports sign contracts for upgradilng ports & rents out shipyard
The Saudi Ports Authority has signed contracts worth s total $130 million for develpment and maintenance of ports including: King Abdul Aziz Port in Damman, King Fahd Industrial Port in Yanbu for use of Yasref refining company.
In addition a 10-year contract was signed with Al=Balagha Trading Group for the rental of King Fahd Shipyard.