Bahri Annual Report-2014

Contents

Description

Page

6 - 7

Board of Directors

8

Chairman’s Message

10

CEO Message

12

Board of Directors’ Report

12

Information about the Company and its Subsidiaries

18

About the Company

20

Subsidiaries

20 – 21

Company’s Strategic Direction - Merger of Vela’s Fleet and Operations with Bahri

23

Major Achievements of 2014

24

Strategic Business Units and Support Departments

30

Oil Transportation Sector

33

Gas and Marine Services Business Sector

34

Chemical Transportation Sector

39

General Cargo Transportation Sector

47

Dry Bulk Cargo Transportation Sector

48

Ship Management (including operations)

49

Finance Division

51

Financing and Investment

52

Operational Risk Management

53

Planning Division

53

Communications Department

54

Corporate Social Responsibility

55

Information Technology Department

56

Internal Audit Department

4

Annual Report 2014

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