Saudi National Shipping Company (Bahri), the Kingdom’s shipping and logistics provider, announced the first order of six dry bulk carriers from International Maritime Industries (IMI).
Bahri said the newbuild vessels will be constructed at IMI’s shipyard in Ras Al-Khair, the maritime facility in the MENA region.
With their ability to access ports with limited infrastructure, the new geared ultramax vessels will enable Bahri Dry Bulk to expand into niche markets and emerging trade routes.
The agreement is presented by Bahri as Saudi Arabia’s first large-scale shipbuilding project.
Eng. Ahmed Ali Al-Subaey, CEO of Bahri, noted: “This agreement marks a strategic milestone for Bahri and a defining moment for the maritime industry in the Kingdom.
“Through our partnership with International Maritime Industries to launch the first large-scale national shipbuilding program, we are not only modernizing our fleet but also laying the foundations for a sustainable and globally competitive maritime sector.
“The construction of these new carriers will enable us to expand and elevate our service level into strategic markets, enhance the resilience of supply chains, and deliver long-term value to our customers and stakeholders, fully aligned with the ambitious objectives of Saudi Vision 2030.”
