Type Public Number of employees Approximately 2400 Founded 1978 | Founder Royal Decree Headquarters Saudi Arabia | |
 | ||
Key people Abdulrahman Almofadhi
Mohammed AlSarhan
Ibrahim Al-Omar (CEO) Services Transportation of oil, chemicals, dry-bulk, multi purpose cargo, ship management services and big data Owner Public Investment Fund (22.55%)
Saudi Aramco Development Co. (20%) Stock price 4030 (TADAWUL) SAR 35.20 -0.70 (-1.95%)22 Mar, 1:37 PM GMT+3 - Disclaimer Subsidiaries Vela International Marine, Bahri Chemicals | ||
The National Shipping Company of Saudi Arabia (Bahri) was established in 1978 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 multi purpose 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 RoRo ships and additional 10 new-building VLCCs will join the fleet during 2017/2018. The company has also diversified into ship management, big data activities, freight forwarding and manages its own container service yard
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.