Saudi flag raised on Bahri’s fifth VLCC received in 2017
The Public Transport Authority (PTA) has raised the Saudi flag on Shaden, a Very Large Crude Carrier (VLCC) owned and operated by Bahri.
Shaden is Bahri’s fifth VLCC to join its fleet in 2017. Bahri is the world’s largest owner and operator 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 a 300,000-deadweight-ton capacity and it brought the total number of VLCCs owned and operated by Bahri to 41.
“Saudi Arabia is eager to strengthen its maritime fleet in partnership with the private sector, and by supporting the country’s vision, PTA aims to reinforce the Kingdom’s established position in the oil industry in particular and the maritime transportation industry in general,” said Rumaih Mohammed Al-Rumaih, President of the Public Transport Authority.
“We are pleased to welcome new vessels, which truly reflects our firm partnership with the private sector. This enhanced modern fleet will contribute to the transformation of the Kingdom to the most important and largest logistics hub in the region, as envisioned in the Saudi Vision 2030.”
Al-Rumaih added: "Shaden, along with other VLCCs in the national fleet, will contribute to increasing the volume of bilateral maritime trade between the Kingdom and other global economies, in addition to creating a positive impact on the continued growth of the maritime transport sector in the Kingdom and the region.”
“The addition of the fifth VLCC this year is part of our plans to aggressively expand our Saudi fleet to reinforce Bahri’s position as the world’s largest owner and operator of VLCCs,” said Ali Al-Harbi, Acting CEO, Bahri. “We are now better equipped to gain access to new markets, strengthen our presence in the markets we already operate and enhance the scope and breadth of services we offer in the global shipping industry,”
Bahri is now the first logistics company in the world to have a 41-strong VLCC fleet.
An additional five more vessels are planned for delivery in the next year and a half.
The Saudi Arabian flag is raised on cargo and passenger vessels by the Public Transport Authority. They are then inspected and checked regularly in accordance with the standards laid down by international classification authorities accredited by the state.