Key to enhancing and diversifying its service offering in the domestic maritime industry
20 February 2017
Riyadh – Saudi Arabia – Bahri, a global leader in logistics and transportation, has opened a new office in Mumbai to strengthen its presence in the fast-growing Indian maritime industry and lay the foundation to offer diverse shipping services to domestic customers. The new office, located in the central suburb of Hiranandani – Powai, was inaugurated by the company’s chief executive officer, Eng. Ibrahim Al-Omar, in the presence of Ahmed Al-Ghaith, President, Bahri Logistics, Wael Al-Sarhan, Vice-President, Marketing and Communications, Bahri, Capt. Jiten Bhosale, Bahri’s India Country Manager and other senior executives and staff.
Marking the occasion, Bahri organized a gala dinner for its customers and other representatives from across the shipping and logistics industry, as well as major export-import trading companies.
Highlighting the importance of the new office, Eng. Ibrahim Al-Omar, Bahri CEO, said, “The opening of our new office in Mumbai is a strategic, long-term investment by Bahri and underscores the company’s strong commitment towards the Indian market as we look to expand into other verticals of the marine transportation industry. For Bahri, the Indian maritime sector holds enormous potential for further growth and profitability with a large customer base and rapidly increasing demand for marine transportation solutions. As a global leader in this regard, Bahri aims to capitalize on this opportunity and expand its services to transporting other cargoes such as crude oil, oil products and chemicals.”
Bahri Logistics, which has been present in India since 2000, operates state-of-the-art multipurpose vessels on a regular liner schedule, all uniquely designed to carry project, ro-ro, breakbulk and container cargo in a single voyage. The liner service links the Indian subcontinent with key global markets along the Arabian Gulf, Red Sea, Mediterranean and the US along with Europe, with transshipment via own tonnage. The service also offers links to East Africa, Latin America and the Caribbean via internationally recognized transshipment hubs.
Capt. Jiten Bhosale, Country Manager – India, Bahri added, “Bahri’s concerted efforts in further entrenching itself within the Indian shipping industry and playing a larger role in defining its future course of accelerated growth, led to a recent re-establishment of its liaison office as a branch office. For nearly two decades, we have been providing clients with value-added, high-quality services, and we felt that the time was right to expand our presence, shore up our resources and capitalize on opportunities that exist in the shipping and trade sectors to offer our diverse logistics and transportation solutions.”
Bahri is recognized for its quality and reliability within the global shipping industry, and was awarded the US Coast Guard’s prestigious QUALSHIP 21 certification, a highly prestigious recognition given only to vessels that meet the most stringent quality and safety standards. Bahri was also named ‘Shipping Line of the Year – Break Bulk Operator’ at the All India Maritime and Logistics Awards (MALA) 2016, the leading awards program for India’s maritime industry. Bahri India works with major Original Equipment Manufacturers (OEMs) such as Tata, Maruti, Mahindra & Mahindra, Atlas Copco, and JCB for moving cargo exports out of India. Bahri India is also actively involved in the shipment of high and heavy equipment, serving a growing roster of clients that includes General Electric, Crompton Greaves, Larsen & Toubro, Godrej, Siemens, and Thermax.
Having recently taken delivery of its 37th Very Large Crude Carrier (VLCC) with 9 more on order with Hyundai Heavy Industries, Bahri is currently the world’s largest owner and operator of VLCCs.
Established in 1978, Bahri is one of the world’s foremost logistics and transportation companies playing a leading role in the transformation and growth of the global transportation industry through innovation and delivering value-added onshore and offshore services. As a global leader in the logistics and transportation industry, Bahri has six business units that include Oil, Chemicals, Logistics, Dry Bulk, Ship Management, and Data.
Bahri is the largest owner and operator of Very Large Crude Carriers (VLCCs) in the world, and the largest owner of chemical tankers in the Middle East. Presently, the company owns 84 vessels, including 37 VLCCs, 36 chemical/product tankers, 6 multipurpose vessels, and 5 dry-bulk carriers with additional 9 VLCCs on order.
Bahri is committed to playing an integral and leading role in realizing the Kingdom’s 2030 Vision by continuously enhancing and expanding its services and presence across the world, enabling the opening of new trade routes, and positioning Saudi Arabia as a unique regional logistics gateway to three continents.
Bahri has around 2,400 dedicated employees across its global network of offices in Saudi Arabia, UAE, USA and India.
© Press Release 2017
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