The premise of DNV GL panel on IMO 2020 at Nor-Shipping 2019 seemed to be that with less than seven months to go certainly at least the top players should be ready, but discussions revealed a lot of issues remain even for those preparing well in advance.
In profile: Bahri are a Strategic Partner of the Saudi Maritime Congress and will be in attendance at the event in Riyadh on 11-12 March. Ahead of the show, they share with Seatrade Maritime News their current standing in the industry, as well as their contribution to regional growth.
The commitment from five of the Kingdom’s maritime leaders at the world-class Saudi Maritime Congress in Riyadh highlights the significant platform this allows to discuss how Vision 2030 will transform the Saudi economy and its heavy reliance on oil, and what this may mean for the shipping and logistics sectors.
Leading transport and maritime officials and business personalities in Saudi Arabia are set to discuss key developments in the Kingdom’s maritime and logistic industry during the Saudi Maritime Congress, the pioneering maritime and logistics event held under the patronage of the Saudi Ports Authority (Mawani) and in partnership with Bahri.
Recently, in the closing days of October, Bahri (originally National Shipping Corporation of Saudi Arabia) underscored its position of leadership in the world of transportation and logistics by scooping a fistful of coveted industry awards at ceremonies held in Dubai and Londo
Saudi Arabia’s maritime and logistics sector is set to provide a host of fresh investment opportunities that will enable the Kingdom’s integration into the regional and global economies as a hub connecting three continents – Asia, Europe and Africa, and positioning the country as a global logistics hub.
Saudi Arabia’s Vision 2030 is an ambitious programme seeks to completely transform the economy of the country reducing its dependence on oil exports.
Making its debut at Posidonia last week was the new International Maritime Industries (IMI) $5.2bn mega-yard at Ras Al Khair on the Gulf coast of Saudi Arabia, 70% jointly owned by Saudi Aramco (50.1%) and its most important tonnage provider Bahri (19.9%), the remainder belonging to UAE-based rig builder Lamprell (20%) and shipbuilder Hyundai Heavy Industries (HHI) (10%) of Korea.