Public Transport Authority Raises Saudi Flag on Bahris Fifth VLCC Received in 2017
The Public Transport Authority (PTA has elevated the Saudi flag on Shaden, a Large Crude Provider (VLCC) possessed and run by Bahri, a global leader in transport and logistics. At a ceremony hung on Thursday, November 23 at Port of Ras Tanura in the visibility of senior officials from PTA and Bahri, the brand-new vessel joined the country's nationwide maritime fleet and ended up being Bahri's fifth VLCC to increase the Kingdom's flag in 2017.
Bahri is the world's biggest proprietor and driver of VLCCs with a fleet of 88 multi-purpose vessels. Built by Hyundai Samho Heavy Industries (HSHI), the world's largest shipbuilding company based in South Korea, the new vessel has 300,000-deadweight- ton capacity and it brought the total variety of VLCCs owned and run by Bahri to 41.
H.E. Dr. Rumaih Mohammed Al-Rumaih, President of the Public Transport Authority, "Saudi Arabia is eager on strengthening its maritime fleet in partnership with the economic sector, and by sustaining the nation's vision, PTA intends to enhance the Kingdom's established placement in the oil industry in particular and the maritime transport industry in general. We delight in to welcome new vessels, which genuinely reflects our firm partnership with the private sector. This boosted modern fleet will add to the transformation of the Kingdom to the most crucial and biggest logistics hub in the region, as visualized in the Saudi Vision 2030. We, at PTA, are honored to raise the Saudi flag on the brand-new VLCC to ensure that it signs up with the Kingdom's significant maritime fleet."
Al-Rumaih added: "Shaden, along with other VLCCs in the national fleet, will contribute to increasing the quantity of bilateral maritime trade between the Kingdom and other global economies, along with creating a favorable effect on the ongoing growth of the maritime transportation sector in the Kingdom and the region. A lot more significantly, the new addition to the nation's maritime fleet comes at a time when PTA is keen to support the maritime industry in order to attain higher Saudization and economic development by capitalizing on the Kingdom's calculated geographic position, in addition to its coastline stretching from 2,400 kilometres to the Red Sea and 1,000 kilometres to the Arabian Gulf."
"It is a defining moment for Bahri, the Kingdom along with the global maritime industry as the general public Transport Authority increases the Saudi flag aboard Shaden. The addition of the new fifth VLCC this year is part of our plans to boldy expand our Saudi fleet to strengthen Bahri's setting as the world's largest proprietor and driver of VLCCs. We are now better furnished to get to new markets, enhance our visibility on the market we currently operate and enhance the scope and breadth of solutions we provide in the global shipping industry. This will certainly also boost our abilities to help the Kingdom achieve its goal of additional sealing its pre-eminent setting as a major trade center by leveraging the nation's distinctive logisticalgateway to Asia, Africa, and Europe, as described in the Saudi Vision 2030," said Ali Al-Harbi, Acting CEO, Bahri.
Bahri is now the initial and only transportation and Logistics Company on the planet to have a 41- strong VLCC fleet. An additional five more vessels are prepared for shipment in the next year and a fifty percent. The Saudi Arabian flag is increased on freight and guest vessels by the Public Transportation Authority. They are then examined and inspected on a regular basis according to the criteria set by worldwide category authorities recognized by the Kingdom.
