BAHRI RECEIVES The FIFTH DRY BULK Carrier (BAHRI Trader)

41Bahri (The National Shipping Company of Saudi Arabia) is pleased to announce the arrival of ‘Bahri Trader’ today, 31/03/2014, the latest vessel to be constructed and delivered by Oshima shipyard in Japan to Bahri Dry Bulk (BDB), a strategic business unit of Bahri.

This completes the new building order of 5 dry bulk ships contracted in 2012. Bahri Dry Bulk is a joint venture between Bahri (60%) and ARASCO (40%) the largest grain importer of KSA.

‘Bahri Trader’ with a capacity of 82,000 dead weight tons and length of 229 meters is part of BDB’s fleet of eco-friendly and fuel efficient vessels. This vessel has been chartered to ARASCO on a long-term basis similar to the other 4 sister ships. These vessels will serve the nations demand for grain imports from across the world.

Bahri ranks amongst renowned international maritime conglomerates with a fleet of 52 ships which includes General Cargo carriers, Oil Tankers (VLCC’s), Chemical Carriers and Dry Bulkers including one general cargo ship scheduled for delivery in April 2014. Established in 1978 with an initial focus on the general cargo sector, the company has grown tremendously during its 35 year tenure. Bahri’s current operations include the transportation of crude oil, chemical, general and dry bulk cargos. The company has also diversified into, ship management, freight forwarding, management of a container services yard, gas and & offshore maritime services

Bahri’s contribution to maritime services has been internationally recognized. Awards include, Seatrade 2013 Global Performer award, Best Managed Company in the Middle East under Transportation & Shipping Sector by Euromoney during 2013 & 2012, Tanker Operator Award by Seatrade, One of the top 100 Arab Companies by Forbes, First Prize for Transparency by BMG Financial Group.

For more information, please visit our website www.bahri.sa



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