National Shipping Company of Saudi Arabia
 | |
| 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
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
External links
- Research Report - Bahri, www.marketstoday.net
- News article - News article - Estimated Bahri Results 3rd Qtr. 2015, arabnews.com
- News article - News article - Estimated Bahri Results 3rd Qtr. 2015, tankeroperator.com
- News article - News article - Bahri Results 4th Qtr. 2015, Saudigazette.com
External links
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