Bahri, the National Shipping Company of Saudi Arabia announced its plans to expand its presence in the Asia-Pacific (APAC) region market. The decision follows the company’s long term strategy to expand. The announcement was made at a ceremony that took place in Singapore in April.
Bahri published a statement according to which the company’s stronger presence will enable it gain more insights into market trends. In the meantime the company will receive information in customer needs concerning chemicals and logistics sectors in Singapore and the wider APAC region.
Moreover, the company stated that the expansion plans will help Bahri Logistics and Bahri Chemicals – two of five Bahri business units – to present their offerings, find new clients and lobby.
Amongst Bahri’s plans is the expansion of the company’s other business units to the APAC region in the future.
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According to Arab News, in the past 41 years, the company has expanded market presence in the shipping sector with stable steps.
For the time being the company has offices in Saudi Arabia, the UAE, the USA, and India, in addition to a network of agents across the Middle East, Africa, the USA, Europe, and Asia.
Also, it operates six new 26,000 dwt multipurpose vessels on a regular liner schedule.
The second business unit, Bahri Chemicals, owns and operates more than 30 chemical/product tankers with a capacity of more than 1 million dwt.
