32 VLCCs to Fly Saudi Arabia’s Flag
The National Shipping Company of Saudi Arabia
(Bahri) said that the Public Transport Authority (PTA) has
completed the registration of Amjad, a Very Large Crude Carrier
(VLCC) owned and operated by Bahri, under the flag of Saudi
The announcement comes as part of Bahri's plans to register all
of its 37 VLCCs by the end of 2017, and falls in line with the
remarkable shift and growth the transportation sector in the
Kingdom has witnessed in the recent past.
This also marks another achievement for PTA as an initiative
completed as part of its national transformation program.
Ibrahim bin Abdul Rahman Al Omar, Bahri's CEO, said that the
registration of the company's 37 VLCCs under Saudi Arabian flag
is aimed at enhancing the Kingdom's position in the International
Maritime Organization's (IMO) global rank lists and at increasing
the size and efficiency of the Saudi maritime fleet.
Presently, Bahri Oil Transportation commercially manages a total
of 37 VLCCs, four MRs and one Aframax. Each VLCC has the capacity
to carry 2.2 million barrels with a fleet DWT of approximately
11.3 million tonnes. This makes Bahri one of the largest VLCC
Apr 19, 2017