National Shipping Company of Saudi Arabia (Bahri): Business Overview, Financials & Competitive Analysis
National Shipping Company of Saudi Arabia (Bahri) scores 7/10 on the AskCyborg Cyborg Score (Solid). Strategic regional shipping leader with strong profitability, diversified operations, and significant capital deployment underway. Net profit at Bahri surpassed the SAR2 billion ($533.2 million) mark for the first time in February 2025 as revenue increased as a result of its fleet expansion. The total operated.
What is National Shipping Company of Saudi Arabia (Bahri)'s industry? National Shipping Company of Saudi Arabia (Bahri) (bahri.sa) operates in Marine Shipping & Logistics. AskCyborg classifies National Shipping Company of Saudi Arabia (Bahri) under Marine Shipping & Logistics in its company registry.
Bahri, formerly known as the National Shipping Company of Saudi Arabia, is a transportation and logistics company, positioned as the national shipping carrier of Saudi Arabia. Today, Bahri one of the largest owner and...
Cyborg Score thesis
Strategic regional shipping leader with strong profitability, diversified operations, and significant capital deployment...
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Get Current Report FreeNational Shipping Company of Saudi Arabia (Bahri) Overview
Pro stress-test →Bahri, formerly known as the National Shipping Company of Saudi Arabia, is a transportation and logistics company, positioned as the national shipping carrier of Saudi Arabia. Today, Bahri one of the largest owner and operator of Very Large Crude Carriers (VLCCs) in the world, and one of the owner of chemical tanker ships in the Middle East. The company provides critical maritime transportation infrastructure supporting global trade and Saudi Arabia's economic diversification.
Strategic Profile
Pro stress-test →The company structures its operations around five business units that include Oil, Chemicals, Logistics, Dry Bulk, and Ship Management. The Public Investment Fund (PIF) holds a 22.55 percent stake, 20 percent is held by by Saudi Aramco Development Company and the remainder is held in public shares. This unique ownership structure aligns with Saudi Arabia's Vision 2030 economic diversification objectives and positions Bahri as a strategically important national asset.
Competitive Landscape
Pro stress-test →One of Bahri's 43 competitors is Stolt-Nielsen, a Corporation company based in London, United Kingdom. Bahri competes in global shipping across VLCC, chemical tanker, and dry bulk segments against major international shipping conglomerates. The company's strategic advantages include national carrier status, access to Saudi energy exports, and integrated domestic/regional logistics capabilities.
Industry Context
National Shipping Company of Saudi Arabia (Bahri) operates in Marine Shipping & Logistics.
Key facts
Founded: 1978 · Headquarters: Riyadh, Saudi Arabia · Employees: 771 · Revenue: $2.76B · Market cap: $7.49B