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Bahri Orders Six Ultramax Bulk Carriers from International Maritime Industries
Saudi Arabian shipping and logistics company, Bahri, has placed a landmark order for six dry bulk carriers with International Maritime Industries (IMI), the operator of the Kingdom’s emerging shipbuilding and repair complex and a joint venture between Aramco, Bahri, Hyundai Heavy Industries and Lamprell. The agreement marks a major milestone as it represents Saudi Arabia’s first large-scale shipbuilding project, underscoring the country’s ambitions to become a global maritime hub.
The new geared Ultramax vessels will be built at IMI’s shipyard in Ras Al-Khair on Saudi Arabia’s East Coast. Designed to operate in ports with limited infrastructure, the vessels will enhance Bahri’s dry bulk division capabilities, enabling expansion into niche markets and emerging trade routes across the global shipping industry.
Eng. Ahmed Ali Al-Subaey, CEO of Bahri, said: “Through our partnership with International Maritime Industries we are not only modernising our fleet but also laying the foundations for a sustainable and globally competitive maritime sector in the Kingdom. This agreement also reflects Bahri’s commitment to strengthening Saudi Arabia’s maritime industry, supporting the local economy, and contributing to the development of a resilient supply chain that enhances the Kingdom’s global competitiveness.”
Once fully operational, IMI’s Ras-al Khair shipyard will have the capacity to build up to six new offshore rigs and more than 40 vessels per year, including very large crude carriers (VLCCs). The facility will also provide maintenance and repair services for up to 250 vessels and 15 rigs annually.
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