National Shipping Company of Saudi Arabia

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The National Shipping Company of Saudi Arabia (Bahri)

الشركة الوطنية السعودية للنقل البحري
Public
Founded 1979
Founder Royal Decree
Headquarters Riyadh, Saudi Arabia
Key people
Abdulrahman Almofadhi (Chairman)
Mohammed AlSarhan
(Vice Chairman)

Ibrahim Al-Omar (CEO)
Services Transportation of oil, chemicals, dry-bulk, general cargo, ship management and gas & marine services
Owner Public Investment Fund (22.55%)
Saudi Aramco Development Co. (20%)
Number of employees
Approximately 2400
Divisions Oil, Chemicals, General Cargo, Dry-bulk, Ship Management, Gas & Marine
Website http://www.bahri.sa

The National Shipping Company of Saudi Arabia (Bahri) was established in 1979 and is one of the largest providers of maritime services Globally. The company and its subsidiaries purchase, charter and operate vessels for the transportation of crude oil, chemicals, dry bulk and general cargo. Bahri owns and operates a fleet of double hull very large crude carriers (VLCCs), chemical carriers, dry bulkers and multipurpose Ro-Ro vessels. The company presently owns 36 VLCCs, including one VLCC designated as floating storage unit, 4 MRs and 1 Aframax, 26 chemical carriers, 5 product tankers, 5 dry-bulk tankers, 6 general cargo ships and additional 10 new-building VLCCs will join the fleet during 2017/2018. The company has also diversified into ship management, gas & marine services, freight forwarding and manages its own container service yard[1]

Ventures[edit]

Bahri holds 80% stake in National Chemical Carriers Ltd. Co. "Bahri Chemicals"

Bahri holds 60% ownership in Bahri Dry Bulk "BDB"

Bahri holds a 30.3% stake in the Bermuda-based liquefied petroleum gas trading and ship-owning company, Petredec Limited.[2]

References[edit]

External links[edit]

  • [1] Research Report - Bahri, www.marketstoday.net
  • [2] News article - News article - Estimated Bahri Results 3rd Qtr. 2015, arabnews.com
  • [3] News article - News article - Estimated Bahri Results 3rd Qtr. 2015, tankeroperator.com
  • [4] News article - News article - Bahri Results 4th Qtr. 2015, Saudigazette.com

External links[edit]