His Excellency Dr. Khalid Bin Ahmed Bubshait, The President of the Saudi Ports Authority has signed on Sunday, 29/6/2008, an investment contract with The Floating Dock for Shipbuilding and Shiprepair Company (FDSCO), in collaboration with SembMarine (Middle East) Pte Ltd , whereby the investor rents a location at Yanbu Commercial Port to establish a shipbuilding and ship repair yard for a 20 year period.
Board of Saudi Ports Authority Holds Meeting
The board of directors of Saudi Ports Authority held a meeting on Wednesday June, 4th,2008, at the Authority's headquarters in Riyadh. The meeting was chaired by the Dr. Jubara Al-Suraisry, minister of Transport and chairman of the board.
The board reviewed topics on its agenda and took appropriate decisions, including the following:
First: The board approved of the Authority draft
Saudi Ports Authority Signs Agreement with LJMU
Saudi Ports Authority has signed an agreement with Liverpool John Moores University (LJMU) within which LJMU is to train and qualify the Authority's personnel on the different marine fields.
For Saudi Ports Authority, the agreement was signed by Dr. Humoud Al-Saaedy, director general of King Fahd Industrial Port, Yanbu and for LJMU, Professor Gerry Kelleher, the University Pro Vice- Chancellor.