Saudi Electricity Co. (SEC) has signed a five-year memorandum of understanding (MoU) with the National Shipping Company of Saudi Arabia (Bahri), the utilities provider said in a statement.
Under the agreement, Bahri will transport SEC’s imported equipment, tools, and spare parts. SEC will also recommend the shipping company to its suppliers and contractors.
A joint working group would also be formed to explore other areas where the two firms could collaborate to provide integrated logistics services.
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