The National Shipping Company of Saudi Arabia Company Description

The National Shipping Company of Saudi Arabia, together with its subsidiaries, purchases, sells, and operates vessels for the transportation of cargo in the Kingdom of Saudi Arabia.

The company operates in four segments: Transportation of Oil; Transportation of Chemicals; Logistics; and Transportation of Dry Bulk.

It transports crude oil and petrochemical products; and provides technical ship management and logistics services.

The company also engages in agency activities for maritime shipping companies; cargo clearance and coordination for transport and storage on-board vessels; and other marine transport activities.

In addition, it owns land and properties; and owns shares in other companies. As of December 31, 2023, the company’s fleet consisted of 88 owned vessels and 10 vessels under lease contract, including 38 very large crude-oil carriers and 1 product tanker for the crude oil transportation sector; 36 tankers in the spot market and 6 tankers under charter agreements for the chemical transportation sector; 6 RoCon vessels for the logistics sector; and 11 vessels for the dry bulk transportation sector.

The National Shipping Company of Saudi Arabia was founded in 1978 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

The National Shipping Company of Saudi Arabia

Country	Saudi Arabia
Founded	1978
Industry	Marine Shipping
Sector	Industrials
Employees	583
CEO	Ahmed Al-Subaey

Contact Details

Address: Olaya Towers, Tower B Riyadh, 1142 Saudi Arabia
Phone	966 11 4785454
Website	bahri.sa

Stock Details

Ticker Symbol	4030
Exchange	Saudi Stock Exchange
Fiscal Year	January - December
Reporting Currency	SAR
ISIN Number	SA0007870054
SIC Code	4400

Key Executives

Name	Position
Ahmed Al-Subaey	Chief Executive Officer
Fayez Al-Asmari	Chief Financial Officer