Saudi's MAWANI & SSCA sign MoU to improve maritime transport

The MoU plays an essential role in achieving the authority's objectives of developing maritime transport and import/export operations, enhancing the capabilities of member ports, and contributing to the national economy. It also contributes to SCCA's endeavour to develop national ADR capacities by providing ADR services, legal training and awareness events leading towards creating a safe environment that attracts both foreign and domestic investment to the Kingdom, the two entities said in a joint press release.

MAWANI and the SCCA have agreed to strengthen communication and cooperation between the two parties, develop alternative practices for and facilitate the settlement of commercial disputes, and raise awareness of these frameworks among establishments engaged in maritime transport and port activities.

According to guidelines set out in the MoU, the two parties agree to cooperate in developing and circulating improved model dispute settlement terms; creating the appropriate environment for the efficient settlement of disputes, especially those related to the import/export business; and providing authority members with appropriate training in the alternative practices for dispute settlement.

The guidelines also include raising awareness of dispute settlement alternatives, developing the skills of authority staff and those concerned with the maritime transport and ports sector, and conducting seminars and related events for this purpose. Knowledge sharing between the two parties through workshops, periodic meetings and educational courses; and providing relevant data and information essential to studies, in a manner that does not conflict with the internal policies and the confidentiality of the two parties are also part of the guidelines of the MoU.

MAWANI has been established to oversee the operations of Saudi ports.

ALCHEMPro News Desk (KD)