Bahri Welcomes New Year with Addition of Kassab as its First VLCC in 2018
Marking a solid start for 2018, Bahri, a global leader in transportion and logistics, today accepted the delivery of its first Very Large Crude-oil Carrier(VLCC) this year 'Kassab' to enhance the company's maritime offering and increase its market share in crude oil transportation.
The 300,000-DWT carrier, constructed by Hyundai Samho Heavy Industries (HSHI), the world's biggest shipbuilding company based in South Korea, raises Bahri's complete number of multi-purpose fleet to 89 and VLCCs to 42, additionally strengthening its setting as the largest VLCC proprietor and operator worldwide.
Bahri took the delivery of 'Kassab', which is the initial of five vessels on order for the year, at a ceremony held at the HSHI's Mokpo shipyard in South Jeolla District, South Korea on January 22, 2018.
Eng. Abdullah Aldubaikhi, CEO of Bahri, said: "The addition of 'Kassab' to Bahri's already strong fleet is a considerable boost to our unmatched maritime capacities. The new vessel is a testament to the roughness and toughness of our continued growth, which is a crucial part of our well-thought- out business design and long-term development technique. After delivering a solid performance in 2017, we are gearing up for an additional year of outstanding development with our boosted offering, leveraging our renewed technique to change the global maritime industry."
"With the latest addition, we have once more insisted our setting as the initial and just transportation and logistics company in the world to have a 42-strong VLCC fleet. Bahri is now distinctly positioned to cater for boosted demand for crude in the global oil market and pursue our expansion into new markets to allow Saudi Arabia to strengthen its pre-eminent placement as a tactical regional center and logistics entrance to the three continents," included Eng. Aldubaikhi.
The addition of 'Kassab', which comes within days after Eng. Aldubaikhi took the helm as the chief executive of Bahri, will better enhance the company's resolve to offer its customers with first-rate transport solutions and value-added customer service, offering a diverse service profile that consists of transport of petroleum, oil products, chemicals, bulk, and general cargo.
