National 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