The order marks the launch of Saudi Arabia’s first large-scale shipbuilding project
Bahri, the Kingdom’s leading shipping and logistics provider, recently announced the first order of six dry bulk carriers, from International Maritime Industries (IMI).
This milestone marks the launch of Saudi Arabia’s first large-scale shipbuilding project, reinforcing the Kingdom’s ambition to create globally competitive maritime ecosystem under Vision 2030 and support of the Saudi Inc. initiative, which aims to enhance integration among major Saudi companies and promote the localization of supply chains.
The newbuild vessels will be constructed at IMI’s state-of-the-art shipyard in Ras Al-Khair on Saudi Arabia’s Arabian Gulf coast, the most advanced full-service maritime facility in the MENA region.
Expansion
“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,” commented Eng. Ahmed Ali Al-Subaey, CEO, Bahri.
This agreement reflects Bahri’s commitment to strengthening Saudi Arabia’s maritime industry, supporting the local economy, and contributing to the creation of a new supply chain ecosystem that enhances the Kingdom’s global trade competitiveness.
Ultramax vessels
Worth noting that the new geared Ultramax vessels are designed to deliver significant operational flexibility and efficiency. With their ability to access ports with limited infrastructure, they enable
Bahri Dry Bulk to expand into niche markets and emerging trade routes.
This adaptability reduced exposure to market volatility while enhancing resilience, competitiveness, and sustainability in a rapidly evolving industry, a press statement concluded.
