A shipping agency license in Saudi Arabia is crucial for facilitating international trade by overseeing vessel operations and cargo logistics. This license opens opportunities for businesses to engage in maritime services, support global commerce, and contribute to the nation’s economic growth through efficient and reliable shipping operations.
What is Shipping Agency License?
A “Shipping Agency License” refers to the official authorization of the Saudi Ports Authority (Mawani) to provide maritime agency services. This license empowers individuals or entities to represent and execute responsibilities for ship owners or suppliers when dealing with port operations, government entities, commercial sectors, and other relevant bodies and authorities within the maritime industry.
Procedure to Obtain Shipping Agency License in KSA
To acquire or renew a Shipping Agency license in Saudi Arabia, Access the E-services offered by the Saudi Ports Authority (Mawani) for a streamlined and efficient application process.
Specific conditions and requirements to obtain Shipping Agency License in KSA
- For a local investor, an irrevocable and unconditional bank guarantee, must be provided in favour of the Port Authority, where the shipping agency’s business activities will occur.
- Similarly, a foreign investor must furnish an irrevocable and unconditional bank guarantee, in favour of the Port Authority associated with the Shipping agency’s business activities.
- Furthermore, submission of a Shipping agency agreement with any shipowner, operator, or supplier is a requisite.
Seamlessly acquire Shipping agency license in KSA with our expert Consultation- Helpline Group
Helpline Group is your trusted business consultant in Saudi Arabia, offering expert consultation and assistance for clients obtaining shipping agency licenses in the Kingdom of Saudi Arabia. With a global presence encompassing 10 international branches, our services are bolstered by a team of over 300 experts. Count on us for comprehensive support in navigating the regulatory landscape and securing the necessary licenses for your shipping operations in KSA.
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Riyadh 12281, Saudi Arabia
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Office # 28, 1st floor,
Raden Commercial center,
Al muruj, Olaya street,
Riyadh 12281, Saudi Arabia
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