Maritime Regulations Articles

On the Rise: First-ever Yacht Chartering Licences Issued by Saudi Red Sea Authority

A new vista has dawned upon the marine world as the Saudi Red Sea Authority (SRSA) has granted its first three yacht chartering licences. This groundbreaking move comes in anticipation of a surge in demand fuelled by the commencement of Sindalah and the advancement of other developments in the initiative. The chosen few to hold the maiden licences are Hill Robinson Saudi, Faisal M. Higgi & Associates, and JLS Yachts. These prestigious entities now have the authority to transform the Kingdom’s Red Sea region into a paradise for yachting enthusiasts, operating under the Large Yacht Chartering Regulation formulated by the SRSA.

06-12-2024