Chapter 2 Strategic Business Units and Support Departments VLCC Fleet
Year of Building
Length (M)
Breadth (M)
Weight (DWT)
Number of Tanks
Speed (knots)
S.N.
VLCC Name
Type
1
Ramlah
1996
Double Hull
340
56
300,361
17
15
2
Ghawar
1996
Double Hull
340
56
300,361
17
15
3
Watban
1996
Double Hull
340
56
300,361
17
15
4
Hawtah
1996
Double Hull
340
56
300,361
17
15
5
Safaniyah
1997
Double Hull
340
56
300,361
17
15
6
Harad
2001
Double Hull
333
58
302,700
17
17.1
7
Marjan
2002
Double Hull
333
58
302,700
17
17.1
8
Safwa
2002
Double Hull
333
58
302,700
17
17.1
9
Abqaiq
2007
Double Hull
333
58
302,700
17
17.1
10
Wafrah
2007
Double Hull
333
60
318,000
17
16.7
11
Layla
2007
Double Hull
333
60
318,000
17
16.7
12
Jana
2008
Double Hull
333
60
318,000
17
16.7
13
Habari
2008
Double Hull
333
60
318,000
17
16.7
14
Kahla
2009
Double Hull
333
60
318,000
17
16.7
15
Dorra
2009
Double Hull
333
60
318,000
17
16.7
16
Ghazal
2009
Double Hull
333
60
318,000
17
16.7
17
Sahba
2009
Double Hull
333
60
318,000
17
16.7
Total Capacity (DWT)
5,256,605
Gas and Offshore Business Unit A new business unit, “Gas and Offshore Business Unit” was established in July 2013. This will focus on exploring the available investment opportunities in the offshore sector, in line with the overall strategic plan for expansion and business diversification. Investment opportunities will be developed after careful analysis considering economic feasibility in order to support the Company’s strategic objective of minimizing risk and enhancing profitability. In addition, the Gas and Offshore Sector will oversee the Company’s investments in the Liquefied Petroleum Gas (LPG) industry, represented through Bahri’s 30.3% stake in Petredec Ltd. Co., which operates a fleet of 63 vessels of different sizes. The Company’s share in the profits of Petredec grew by 102% to SAR 291 million during 2013, compared to SAR 144 million during 2012. 26/27
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