Bahri Annual Report-2012

General Cargo Ships Construction Project

The Company signed a contracted with Korean Hyundai Mipo Shipyard in 2011 to build six RoCon vessels to transport general cargo and project equipment. The value of these contracts is SAR 1,542,275,000. Four ships are expected to be delivered in 2013 and two more in the first half of 2014. The new ships will replace the old ones built in 1983 that currently operate from the USA and Canada through the Mediterranean Sea, the Red Sea and the Arabian Gulf to the Indian subcontinent. Bahri Abha is expected to be the first ship to leave the Korean shipyard in

February 2013, and will immediately start its voyage from India. Each of the new vessels is equipped with two heavy lift cranes with a capacity of 240 tons, and has highly equipped storage areas for different types of cargo. These ships are designed to support the general cargo transport sector, and provide it with competitive features in terms of cargo size and operating rates.

Freight Forwarding Services

Bahri provides freight forwarding services to transport cargo from all over the world by land, air, and sea. This has allowed the Company to provide its customers with an integrated logistics services, transporting water desalination equipment, locomotives, railway wagons, and military equipment for Saline

Water Conversion Corporation, Saudi Railways Organization, the National Guard, and the Saudi Arabian Ministry of Defense. The total volume of cargo transported during 2012 is equivalent to 3,315,467 tons in addition to 2,104 TEU twenty feet containers.

Major Routes of General Cargo Transport Sector

The general cargo transport sector provides a regular service between the US East Coast and Canada, and the Indian subcontinent, through Livorno Port on the Mediterranean coast

in Italy, the Jeddah Islamic Port on the Red Sea, King Abdul Aziz Port in Dammam, Jebel Ali Port in Dubai, and Me Saied Port in Qatar.

Specifications of the General Cargo Transport Fleet Currently in Operation and Under Construction as on December 31, 2012

Capacity (TEU Containers)

Weight (DWT)

Draught (m)

Breadth (m)

Length (m)

No. Ship Name Year built

Horsepower Speed (knots)

1 Saudi Hofuf* 1983

42,600 11.12 32.29 248.72

2,310

27,600

18

2 Saudi Diriyah* 1983

42,600 11.12 32.29 248.72

2,310

27,600

18

3 Saudi Abha* 1983

42,600 11.12 32.29 248.72

2,310

27,600

18

4 Saudi Tabuk* 1983

42,600 11.12 32.29 248.72

2,310

27,600

18

5 Bahri Abha

Expected 2013 26,000

9.5 32.30

225

2,500

8,901

17

6 Bahri Hofuf

Expected 2013 26,000

9.5 32.30

225

2,500

8,901

17

7 Bahri Tabuk Expected 2013 26,000

9.5 32.30

225

2,500

8,901

17

8 Bahri Jazan Expected 2013 26,000

9.5 32.30

225

2,500

8,901

17

9 Bahri Jeddah Expected 2014 26,000

9.5 32.30

225

2,500

8,901

17

10 Bahri Yanbu Expected 2014 26,000

9.5 32.30

225

2,500

8,901

17

* Expected to exit service during 2013 with the delivery of new ships.

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