Mersat Magazine- 6th Edition

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مع شركة بنقي الأمريكية في مجال نقل وتخزين ومناولة الحبوب. بتفعيل جزء ً أما خلال هذا العام فقد قمنا مؤخرا من سياستنا التوسعية في مجال بناء السفن حيث وقعنا مذكرة تفاهم مع الشركة العالمية وشركة هيونداي للصناعات IMI للصناعات البحرية لبناء ناقلات نفط خام عملاقة جديدة. HHI الثقيلة

our business relations with our main customers such as Aramco, SABIC and other Saudi government and private sector companies, and to carefully cater for our regional and international clients’ needs in order to offer them superb customer service experience.

Saudi Arabia’s geographical location gives us an edge in terms of logistics. Therefore, we are moving forward with our strategic expansion plans by improving our fleet, building modern ships, and embracing new operation technologies. The third pillar of our strategy is to leverage our technical and human capabilities and assets to explore new expansion prospects into new business services with added values in cooperation with all Saudi economic sectors. In line with the Saudi Vision 2030, we are firmly committed to play a key role in supporting the Kingdom of Saudi Arabia as a major regional and global transport and logistics hub. What is your perception of human capital development and Saudization in enhancing the company’s growth? Bahri has a firm commitment to genuinely foster Saudization initiatives and to support the promising young cadres in the Kingdom of Saudi Arabia with skills and knowledge. One of Bahri’s strategic priority is the investment in human capital. We have a clear vision to develop an integrated strategy and systems to attract, manage, develop and retain competent professionals and to provide them with a productive work environment where they can develop and grow within the company. Bahri offers several professional development programs specially tailored for university graduates. Graduate Development Program (GDP) is launched to prepare qualified and creative talents systematically working in rotation at multiple departments and businesses in an effort to preparing Bahri’s future leaders who are majored in several fields; such as human resources, freight management, customs clearance, ICT, communication, PR, marketing, compliance strategies, risk management, logistics and accounting. Furthermore, Bahri seeks to empower women and enable them

The company’s net profits soared 80.52 percent to SAR 146.73 million, from SAR 81.28 million in the corresponding quarter in 2018, primarily due to an increase in returns of several operating segments. In all cases, Bahri will always endeavor to advance its operations and adjust according to market dynamics. We also strive to protect and uphold shareholders’ interests through rationalizing expenses and maintaining profitability level in all sectors. We will also remain dedicated to adopting an innovative approach to ensure a high level of performance that can limit any undesirable effect. What are your short-term future strategy and aspirations? In short, three main pillars shape our strategy. First, it is to continuously develop our business in our current main sectors. We also continue to strengthen

We are firmly committed to play a key role in supporting the Kingdom of Saudi Arabia as a major regional and global transport and logistics hub.

وستساهم هذه الخطوة في تطوير البنية التحتية لسلسة الإمداد في مجال صناعة السفن وتوطينها في المملكة من خلال تمكين الشركة العالمية للصناعات البحرية من بناء ناقلات النفط الخام ً العملاقة بشكل مستقل داخل المملكة وفقا لأحدث المواصفات والمعايير الدولية لبناء السفن. وهذا بدوره سيساهم في تحقيق رؤية المملكة لزيادة نسبة المحتوى 2030 العربية السعودية المحلي في جميع الصناعات.

Second, we capitalize on the position of Saudi Arabia as the key hub of oil- production in the region. If you look at world trade statistics, it indicates that marine shipping industry is responsible for the haulage of more than 90% of world trade. This opens the door to a massive global market and multiple areas of growth for our company.

أما صندوق الاستثمارات العامة فهو نافذتنا الرئيسية على كافة القطاعات الحكومية حيث يساهم في تعزيز علاقاتنا مع أجهزة الدولة ودعم أعمالنا معها، كما يساهم الصندوق من خلال ممثليه في مجلس الإدارة في جلب وتوطين أفضل أساليب الحوكمة في الشركة ويتيح لنا الاستفادة مما يتوفر لديهم من علاقات دولية ودراسات حديثة عن الأسواق العالمية وذلك لتعزيز أعمال الشركه وتطويرها على المستوى الإقليمي والدولي. ماذا عن مذكرات التفاهم وآفاق التعاون المستقبلي؟ نسعى بشكل دائم إلى استكشاف كافة السوانح من الفرص لتطوير أعمالنا وتعزيزها من خلال الشراكات في مجال النقل البحري على كافة المستويات. فخلال السنوات الخمس الماضية دخلنا في شراكات استراتيجية مهمة لتطوير أعمال الشركة في عدد )JV( من المجالات، حيث أنشأنا شركة مختلطة مع شركة بولوريه العالمية في مجال الأعمال ) أخرى JV( اللوجستيىة، وكذلك شركة مختلطة

to play their effective role in line with Saudi Vision 2030. Accordingly, women’s participation rate in Bahri’s workforce stands at 18%. We have also signed cooperation agreements with King Abdulaziz

University to train students of Maritime Studies on Bahri’s

ships before graduation and provide them with job opportunities after graduation. Moreover,

مستمرون في موقع الريادة وهدفنا تعزيز مستقبل قطاع النقل والخدمات اللوجستية في المنطقة

in partnership with Saudi Aramco, Bahri established the Saudi Naval Academy at The King Salman Global Maritime Industries Complex in Ras Al-Khair in the Eastern Region. As Public Investment Fund of Saudi Arabia and Aramco are among the largest shareholder of Bahri, what is their role in promoting the company’s strategy to achieve its vision? We are fortunate to have these two business giants among our shareholders. Their contribution is of great value that enhances Bahri’s vision and develops its business in all fields. Each of PIF and Aramco has two representatives on our board of directors.

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