The slogan of the Saudi Nationwide Firm for Maritime Transport
Mohamed Bin Battal, president of an organization Naval For sensible items, one of many subsidiaries and owned by Al -Bahri Firm, the brand new bulk cargo tankers which were signed yesterday with the Worldwide Firm for Marine Industries will improve the fleet owned by Al -Bahri from the ships of brochure by about 50%.
In an interview with the East, Ben Battal defined that Al -Bahri has 13 ships of the stray items class “Extremely Max” and “Camsar Max”, indicating that the unfastened cargo ships represent 10% of the revenues of Al -Bahri.
He acknowledged that a very powerful influence of the brand new tankers is to localize provide chains within the Kingdom, as a result of their influence might be restricted to revenues, in mild of Al -Bahri additionally depending on rental ships with lengthy or quick contracts and flights along with the ships owned by 109 ships.
He mentioned that the Ultramax ships are simple to entry the sidewalks, and to ports with restricted capabilities, as they comprise self -download and discharge instruments, making the revenue margin greater.
He defined that unfastened items serve the grain sector comparable to wheat, different grain and fertilizers, this sector has a serious position in supporting the meals safety of the Kingdom, as the corporate intends to reinforce this position, noting that the corporate goals to export the Kingdom’s merchandise from fertilizers, and a number of the merchandise of refineries comparable to sulfur, import of wheat, corn, soybeans, barley from South America, Australia, america, the Black Sea area and others.
Requested in regards to the existence of an intention for Al -Bahri Firm to extend its share within the Worldwide Maritime Industries Firm, the pinnacle of Al -Bahri Firm for Saudi Lager items acknowledged that there’s at the moment no course to extend Al -Bahri’s share of 19.9% within the Worldwide Maritime Industries Firm as a result of the corporate grows naturally and there’s no want to alter the shares.
In accordance with information numbersThe Saudi Nationwide Maritime Transport Firm signed, yesterdayA purchase order contract with the Worldwide Maritime Industries Firm, as a way to construct and ship six unfastened cargo carriers, geared up with cranes, to Al -Bahri, at a worth of 762 million riyals.
It’s noteworthy that Al -Bahri Loching Firm was established as a joint challenge between Al -Bahri by 60% and the Arab Agricultural Providers Firm (Arasco) by 40%.
