Bahri Reinforces Global Leadership in oil Transportation and Logistics with a 40-Strong VLCC Fleet
Bahri, a global leader in transportation and logistics, has actually gotten to a milestone by accepting delivery of Rimthan, a 300,000-dwt service provider built by Hyundai Samho Heavy Industries (HSHI) in South Korea. The addition of 'Rimthan' to its quick- expanding fleet of multipurpose vessels, enhances Bahri's setting as the world's biggest proprietor and driver of Very Large Crude-oil Carriers (VLCCs) with a 40-strong fleet.
The new vessel, built to the most up to date ecological and fuel-efficient technical specs, was handed over to Bahri during a delivery event held at HSHI's Mokpo shipyard in South Jeolla District, South Korea. Senior Bahri and HSHI officials that went to the event included Mr. Saleh Al-Debasi, Bahri Board Member, Dr. Abdulmalik Al-Hogail, Bahri Board Member, Mr. M. K. Yoon, President and Chief Executive Officer of HSHI, Mr. Hisham Al-Nughaimish, Acting President of Bahri Oil, among others.
' Rimthan' is the 4th VLCC to sign up with the Bahri fleet this year, complying with the shipment of 'Amjad,' 'Maharah,' and, a lot more recently, 'Aslaf.'.
Saleh Al-Debasi, Board Member, Bahri, said, "We are really happy to have ended up being the first and biggest transportation and logistics company worldwide to have a 40-strong VLCC fleet Rimthan is the fourth VLCC that Bahri has received from HHI Group this year with an additional 6 vessels on order and to be provided over the following year and a fifty percent. Bahri is committed happy to be one of the very first companies to contributeing to the awareness of the transportation and logistics goals set forth in Saudi Vision 2030, and our continuous fleet development will certainly permit us to increase our market share in crude oil transport while improving our capability to offer our customers with first-rate transport remedies and value-added customer care and enhancing the Kingdom's standing as a key player in the global delivery and logistics industry.".
" The addition of 'Rimthan' is yet another step towards enhancing our leadership in the global oil transportation industry," claimed Ali Al-Harbi, Performing CEO, Bahri. "Bahri's partnership with HHI Group has been instrumental in improving our fleet competition, functional efficiency and versatility, assisting us to accomplish a high level of client fulfillment, and with six even more VLCCs currently on order, we waiting to more structure on our alliance with HHI Group as we continue our pursuit of global excellence.".
M. K. Yoon, President and CEO of Hyundai Samho Heavy Industries, said "HHI Group and Bahri have a long-standing relationship that dates several years and entails numerous partnerships. As key nationwide business, we are fully devoted to playing a substantial function in accomplishing our nations' vision and global schedule. Bahri gives us with the chance to add to the success of Saudi Arabia.".
Yoon added: "As the world's biggest shipbuilding company, HHI Group takes pride in this association, and we expect even more enhancing ties with Bahri and sustaining the expanding need for intercontinental and intra-regional transport fueled by an increase in global trade and investments.".
Bahri Oil, one of Bahri's six business units, will certainly be responsible for the commercial operation of 'Rimthan.' Bahri is readied to further increase its oil tanker fleet with the addition of 'Shaden,' its 41 st VLCC, to completion of October 2017.
