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About us

Growth through values

1978

This is the year a Royal Decree creates Bahri, the public company. Initially known as NSCSA, owned 22.55% Public Investment Fund (PIF), 20% Saudi Aramco Development Co. (SADCO), 57.45% listed (Tadawul).

40+

Forty years of growth turns a small multipurpose vessel company into a world leader in maritime logistics and transportation conglomerate.

95

A large fleet of 95 modern, state-of-the-art vessels that are built to the highest standards enable Bahri to serve 150 ports worldwide.

An Unrivalled Operator

Our global clients rely on Bahri’s drive and scale to deliver excellence.

1

VLCC Leader

We are one of the world’s largest owner and operator of Very Large Crude Carriers (VLCCs) with a total capacity of more than 12 million DWT.

2

Chemical Tankers

We are proud to be the largest owner and operator of chemical tankers in the Middle East. Our operational fleet is approximately 1.68 million DWT.

 

3

Logistics Record Breakers

Our fleet has carried the largest and heaviest pieces of cargo ever transported.

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2022

1978

Established as a joint-stock company in October.

1979

Charters vessels and grows operations into the USA.

1983

Joins the general cargo segment as a national carrier.

1990

Diversifies into chemical transportation via a joint venture with SABIC.

1991

Opens first office in the USA.

1993

Opens first office in the UAE.

1996

  • Carries crude oil for the first time.
  • Brings technical ship management in-house.

2001

Expands office base into India.

2002

Starts freight forwarding service.

2010

Diversifies into dry bulk via a joint venture with ARASCO.

2011

Bahri Logistics orders six RoRoConplus vessels.

2012

Bahri Dry Bulk orders five Kamsarmax dry bulk vessels.

2014

  • Historic merger with Vela.
  • Exclusive VLCC carrier for Saudi Aramco CIF sales.
  • Share capital reaches SAR 3.9 billion.

2015

Bahri Oil orders ten VLCCs.

2016

Launches $1.5 billion shipping fund with APICORP.

2017

  • Launches BahriBolloré Logistics and Bahri-Bunge Dry Bulk.
  • Receives five VLCCs from Hyundai Heavy Industries (HHI).
  • Inks agreement to build an offshore sector shipyard in the King Salman International Complex for Maritime Industries and Services, Ras Al Khair.

2018

Receives five VLCCs from HHI.

2019

Signs MoU with International Maritime Industries (IMI) and Hyundai Heavy Industries (HHI) for the building of new VLCCs.

2020

Build 10 new Chemical Tankers from Hyundai Mipo Dockyard

2020

Establish the National Grain Company, a joint Venture (JV) between Bahri and SALIC

2020

Received 4 Dry Bulk Carriers 

2021

Received 1 VLCC

2022

Launching Bahri Floating Desalination Plants Project