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Saudi flag raised on Bob Palmer-50 platform
The General Authority of Transport announced the registration of the offshore drilling platform "Bob Palmer – 50" under the Saudi flag, in an effort to strengthen the Saudi maritime fleet and increase the registered tonnage under the national flag. The platform is among the largest offshore drilling rigs in the world, and this move is part of the Kingdom's ongoing efforts to enhance its maritime record and develop its maritime sector, thereby supporting Saudi Arabia's status as a global logistics hub. It also contributes to the growth of the maritime economy and increases its contribution to the national economy. This step represents a development in the regulatory framework of Saudi Arabia's maritime sector and reflects the Kingdom's aspirations to achieve its economic and maritime development goals.
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