The National Company of Saudi Arabia for Maritime Transport (Maritime) announced that it has signed a framework contract with the Presidency of State Security to be the official carrier of the presidency and its sectors.

The company said in a statement to the Saudi market (Tadawul), today, Tuesday, that the contract is worth 300 million riyals, and it was signed yesterday and has a duration of 5 years.

and according to the contract, (Bahri) will be the official carrier of the Presidency of State Security and all its sectors to carry out various types of transportation services and internal and external shipping, sea, air and land for the duration of this contract.

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and the company expected that the financial impact will start during the fourth quarter of 2020, explaining that the financial impact cannot be determined at present due to its connection with the actual business of shipping operations.