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The National Shipping Company of Saudi Arabia (Bahri) was formed by a Royal Decree in the year 1978 as a Public Company, 28% ownership held by the Public Investment Fund "PIF" of the Saudi Government and the remaining is widely held in public shares by Saudi Nationals.

The National Shipping Company of Saudi Arabia (Bahri) has grown from a small shipping firm operating multipurpose vessels to become one of the biggest shipping conglomerates in the world and occupies a pre-eminent position among its industry peers at national, regional and international levels in all sectors of its business operations. It is the first national carrier, having celebrated its Silver Jubilee in the year 2004 and continues to successfully stride the triumphant march in 30 years of its existence and has generated a strong VIP customer base.

During the course of its diversification, the Company's services have been expanded to include transportation of General cargo, Crude Oil, Chemical, Liquefied Petroleum Gas "LPG" and Dry Bulk. Having started off its operations for transporting general cargo and containers initially, the company with its commendable track record, has established the reputation of providing high standard of services to its customers in all sectors.

The National Shipping Company of Saudi Arabia (Bahri) owns and operates 17 Very Large Crude Carriers (VLCCs), which are all of high international standards. In its desire to expand further, Bahri entered into LPG transportation business by acquiring 30.3 percent share from Petredec Limited, which is the leading company in LPG transportation in the world.

The National Shipping Company of Saudi Arabia (Bahri) owns a fleet of 23 chemical carriers through its subsidiary the National Chemical Carriers (NCC) which was established in partnership with SABIC and has become one of the largest companies of the world in this field.

The company also owns 4 fully owned multipurpose vessels, deployed between Arabian Gulf - Indian Subcontinent - Red Sea - Mediterranean - US / Canada East Coast route on a regular frequency. The company also invested in on-land facilities by building a container service yard at the Jeddah Islamic Port to facilitate container storage and maintenance / repair services.

The National Shipping Company of Saudi Arabia (Bahri) signed a contract with Hyundai MIPO of South Korea in 2011 to build (6) RoCon vessels. The delivery of these ships is expected to take place during 2012-2014. These ships are specialized in carrying general, projects cargo and several types of RoRo cargoes and are equipped with heavy lift cranes; and each ship with a dwt of approx. 26,000 tons. The first 4 ships will replace the current aging ABHA class fleet.

The National Shipping Company of Saudi Arabia (Bahri) has established Mideast Ship Management Ltd., with a vision to provide professional ship management services to its fleet and other shipping companies.

The National Shipping Company of Saudi Arabia (Bahri) through its subsidiary (NCC) signed a 50:50 joint venture with Odfjell of Norway to establish operating company in Dubai to commercially operate their combined fleet of coated chemical tankers in a pool. This will reinforce NCC's position as a major player in the chemical transportation industry. On 9th April 2013, NCC agreed with Odfjell SE Tuesday to dissolve their 18 ships pool with a capacity of 40,000 DWT or higher owned by NCC and Odfjell SE in addition to acquiring the shares of Odfjell SE in the NCC Odfjell Chemical Tankers JLT (NOCT). Accordingly, NCC will acquire Odfjell�s 50% stake in NOCT from 1st June 2013 and will become a 100 percent owner of NOCT.

The National Shipping Company of Saudi Arabia (Bahri) also signed an agreement with Arabian Agricultural Services Company (ARASCO) to establish Bahri Dry Bulk (BDB) (a JV Company) to transport dry bulk cargo. ARASCO is a leading importer of grain cargoes in the Kingdom of Saudi Arabia. BDB became operational during 2012. A contract is signed to build 5 Dry-Bulk Carriers expected during 2013-2014.

The National Shipping Company of Saudi Arabia (Bahri) strongly believes that expansion and continuous improvement of its services in the global logistics industry will not only improve the trade, but also contribute to the national economy and to the development of shareholders investment which are prime goals of the organization.

Bahri
   Bahri Building #569
   Sitteen Street, Malaz Area
   P.O. Box 8931
   Riyadh 11492 (K.S.A.)

   00966-1-4785454
   00966-1-4778036 / 477-7478

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   http://www.bahri.sa