Bahri Annual Report-2012

New Initiatives and Plans

The Company constantly seeks to improve the quality of services provided, through the modernization of its fleet, the continuous training of its employees, and enhancing its regulations and procedures. In the years 2013 and 2014, the Company expects to implement the following initiatives and plans: • To complete the merger of Vela’s operations and fleet with Bahri. • To cooperate with Saudi Aramco regarding chemicals and other fields through the aforementioned deal. • To support the oil and gas and chemicals sectors and the growing manufacturing industry in KSA, and to provide greater security in the field of maritime transport in KSA.

• To receive four general cargo vessels, one chemical tanker and one dry bulk carrier in 2013, and two general cargo and four dry bulk carries in 2014. • To continue the enhancement of the IT systems used in the Company. • To apply the ISO 9001:2008 standards in all the Company’s administrative systems.

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