Bahri Annual Report-2014

Dry Bulk Cargo Sector Dry bulk cargo transportation sector operates through Bahri Dry Bulk Company LLC (BDB), which is owned 60% by Bahri and 40% by ARASCO . BDB is specialized in transporting grains, cereals and other dry bulk cargo. In March 2014, BDB received the last carrier out of the 5 Kamsarmax carriers. Construction of these 5 carriers started in 2012 under a contract signed with a prominent international shipyard. These carriers have large capacity, consume less fuel and include state-of-art technologies compatible with the highest ecological standards. Main achievements of 2014

 All ships under construction were received  Time chartered ships returned to their owners

 Partnership between Bahri and ARASCO, the strategic partner of BDB, developed  Marketing activities intensified, aiming to expand the Company’s businesses.

Specifications of dry bulk cargo fleet as of December 31, 2014

Year built & deliv- ery year

Beam (m)

Length (m)

Horse- power

Speed (knots)

Speed (knots)

#

Ship

DWT

Draft (m)

1 Bahri Arasco 2013

81,800

14.45

32.26

224.5

9,840

14.5

17

2 Bahri Grain

2014

81,800

14.45

32.26

224.5

9,840

14.5

17

3 Bahri Bulk

2014

81,800

14.45

32.26

224.5

9,840

14.5

17

4 Bahri Wafi

2014

81,800

14.45

32.26

224.5

9,840

14.5

17

5 Bahri Trader

2014

81,800

14.45

32.26

224.5

9,840

14.5

17

BDB conducts different activities to expand its businesses in order to remain a leading company in the Middle East.

47

The National Shipping Company of Saudi Arabia ( )

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