![INTTRA Expands Strategic Relationship with UASC (Saudi Arabia)]()
INTTRA, a multi-carrier network for ocean shipping, has entered into a multi-year agreement with United Arab Shipping Company (UASC) to further extend the service benefits of INTTRA’s standardized e-commerce network to UASC customers. The new agreement will also support UASC in achieving its aggressive growth plans in the Middle East and globally. Since UASC [...]
![Bahri Sells General Cargo Vessel ‘Saudi Diriyah’ (Saudi Arabia)]()
The National Shipping Company of Saudi Arabia (Bahri) announces that in connection with the fleet replacement program for the general cargo, the Company has sold on Saturday 23rd March 2013 its general cargo vessel (Saudi Diriyah) for scrapping after completing her useful life for a sum of SAR. 30,257,136 generating a net gain of [...]
The National Shipping Company of Saudi Arabia (Bahri) announces that it signed yesterday Tuesday 9/4/1434H corresponding to 19th February 2013G a Shariah compliant financing term sheet with JPMorgan Chase Bank, N.A. (Riyadh Branch), Samba Financial Group and The Saudi British Bank (SABB) for SAR 3,182,812,500 to finance the cash consideration of Vela merger and the [...]
The National Shipping Company of Saudi Arabia (Bahri) announced that it received its first newly built Roll-on/Roll-off Container (RoCon) vessel from Hyundai MIPO on 5th of February 2013 in South Korea. This is the first of six sophisticated vessels that Bahri contracted Hyundai MIPO to build it in order to replace the existing vessels and [...]
February 5, 2013 | Posted in
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The National Shipping Company of Saudi Arabia (Bahri) announces that in connection with the replacement program approved by its board of directors for the general cargo fleet, the Company has sold on the evening of Wednesday 16th of January,2013 it’s general cargo vessel (Saudi Abha) for scrapping after completing her useful life. This sale is [...]
January 20, 2013 | Posted in
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The National Shipping Company of Saudi Arabia (Bahri) announces that its 80% owned subsidiary company National Chemical Carriers Ltd. Co. decided today Monday, 11/2/1434H, corresponding to 24/12/2012G to cancel a shipbuilding contract for one chemical tanker (NCC Bader) due to the delay in delivery beyond the agreed date in the shipbuilding contract. According to the [...]
December 26, 2012 | Posted in
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Saudi Global Ports LLC (SGP), a joint-venture company formed between the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia and PSA International (PSA), on Saturday broke ground to mark the official start of construction of the second container terminal in the King Abdul Aziz Port in Dammam, the largest Gulf port in the [...]
The National Shipping Company of Saudi Arabia (BAHRI) announces that its 80% owned subsidiary The National Chemical Carriers Company Ltd. (NCC) will sign today, Tuesday, 14th August 2012 time charter agreements for three chemical tankers with International Shipping and Transportation Company Ltd. (a subsidiary of Saudi Basic Industries Corporation SABIC) for a period of 5 [...]
The National shipping Company of Saudi Arabia (Bahri) announces that its 60 percent owned subsidiary Bahri Dry Bulk has started its operations by chartering in two Kamsarmax Dry Bulk Ships to serve its customers’ grain import requirements into the Kingdom. The time chartered vessels start operations on Saturday the 4th of August 2012 & are contracted [...]
The National Shipping Company of Saudi Arabia (BAHRI) announced that the company signed an agreement on Tuesday the 17th April 2012 to build (5) Kamsarmax vessels to transport dry bulk cargo. These generation vessel are of 82,000 DWT, length 229 meters, with modern fuel saving technologies and latest equipment to operate environment friendly. These vessels [...]
April 18, 2012 | Posted in
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