Saudi Ports Authority extends exemption on transit cargo storage fees
Saudi Ports Authority extends storage fee exemption for transit goods at several ports to support Gulf region beneficiaries.
Key Takeaways
AIThe Saudi Ports Authority (Mawani) has announced an extension of the exemption period for storage fees on transit cargo at several Saudi ports, in a move aimed at supporting beneficiaries in Gulf countries.
Mawani stated that the decision is part of efforts to facilitate the smooth flow of goods through Saudi ports, enhance operational efficiency, and boost the competitiveness of the Kingdom’s ports and supply chains.
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The authority explained that extending the exemption period is intended to simplify procedures for beneficiaries and ease their financial burdens, which will further strengthen the regional standing of Saudi ports.