Ahmad Hamad Algosaibi & Bros. Co. - Shipping Division

Ship Owners
Ship Managers

Ahmad Hamad Algosaibi & Bros. Co. (AHALG) is a diversified business conglomerate based in the Kingdom of Saudi Arabia. The company has widespread interests in various sectors including finance, real estate, hospitality, and shipping, among others. The Shipping Division is one of the key segments of AHALG, playing an essential role in the company's overall portfolio.

Overview of the Shipping Division:

History and Background:

The Shipping Division of Ahmad Hamad Algosaibi & Bros. Co. has a long-standing history, reflecting the company's commitment to contributing to the growth and development of Saudi Arabia's maritime industry. Established several decades ago, the division has evolved over the years, adapting to changes in global shipping trends and regulations.

Services:

The Shipping Division provides a wide array of services including:

Shipping Agency: Acting as agents for various international shipping lines, facilitating smooth port operations for vessels.

Chartering: Offering chartering services for different types of vessels to meet the specific needs of their clients.

Logistics: Providing comprehensive logistics solutions including warehousing, freight forwarding, and distribution services.

Port Services: Handling port-related activities such as cargo handling, storage, and customs clearance.

Fleet:

The division manages a diverse fleet of vessels designed to cater to different types of cargo, from bulk carriers and tankers to container ships. The fleet is equipped with modern technology to ensure safety, efficiency, and compliance with international maritime standards.

Strategic Importance:

Economic Contribution: The Shipping Division plays a crucial role in the Kingdom's economy by facilitating international trade and supporting the export and import activities.

Employment: The division creates numerous job opportunities, contributing to the employment sector in Saudi Arabia.

Infrastructure Development: By investing in port facilities and logistics infrastructure, the division enhances the country's maritime capabilities.

Partnerships and Alliances:

The division collaborates with leading international shipping entities and continuously seeks partnerships to expand its service offerings and operational reach. These collaborations help in staying updated with the latest industry practices and technological advancements.

Commitment to Sustainability:

The Shipping Division is committed to sustainable practices, focusing on reducing its environmental footprint. This includes investing in eco-friendly technologies and following stringent regulations to minimize emissions and ensure the protection of marine ecosystems.

Future Prospects:

With the growing emphasis on Saudi Vision 2030, AHALG's Shipping Division is poised for further growth. The goal is to enhance its capabilities, adopt innovative technologies, and expand its network to support the Kingdom's ambition of becoming a global logistics hub.

Conclusion:

Ahmad Hamad Algosaibi & Bros. Co. - Shipping Division is a cornerstone of the company's diversified business operations, contributing significantly to the maritime industry of Saudi Arabia. Through its extensive range of services, strategic partnerships, and commitment to sustainability, the division not only plays a vital role in the country's economic development but also paves the way for future growth and innovation.

Ships

ALGOSAIBI 7

Crew Boat | Flag: Saudi Arabia | Port: DAMMAM

Maritime News

U.S. Shipbuilding, Maritime Dominance Requires a New Ecosystem

7 hours ago

With all the Legislative fanfare, Executive Orders, Committee meetings, lobbying efforts and media announcements concerning American Shipbuilding, Naval Warfare and Maritime Dominance, it is no surprise that the result of the uproar is shear confusion within the maritime industrial base (MIB). The April 9, 2025 Executive Order Restoring America’s Maritime Dominance lists more than several reports to the President due within 90 days. Following those initial updates other reports are due at 180 and 210 days. The industry as a whole has not seen references to any of the reports being completed.

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

16 hours ago

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with a production capacity of 180,000 barrels of oil per day (bopd), 7.2 million cubic metres (mcbm) of gas per day, and a storage capacity of 2 million barrels of oil.The P-78 will rank among the largest in the global operating fleet of FPSOs.

Port Authority of Valencia Presents Strategic Plan 2035

yesterday

The Port Authority of Valencia (PAV) presented its Strategic Plan at the Clock Building of the Port of Valencia, outlining a vision and series of projects with a clear target year of 2035.This is a ten-year plan designed to consolidate Valenciaport as a generator of wealth and quality employment, while also acting as a driver of investment and transformation in the port and logistics ecosystem. Its mission is to deliver the best possible service to the business sector.By 2035, Valenciaport aspires to handle up to 45% of Spain’s loaded container traffic for imports and exports.

European Ports Slow to Install Shore Power

yesterday

Most European ports are lagging in installing the shore-side electrical infrastructure needed for ships to switch from highly polluting marine fuel to cleaner electricity while docked, a new study showed on Tuesday.European Union environmental rules have set a 2030 deadline for maritime ports to install the infrastructure to provide what is known as onshore power supply (OPS).To assess their roll-out, Brussels-based NGO Transport & Environment (T&E) commissioned a study covering 31 European ports.Findings show that just one in five of the required power supply connections have been installed or contracted so far, with slow uptake across most ports.

Search Called Off for Crew Missing from Eternity C

2 days ago

Maritime agencies Diaplous and Ambrey said on Sunday they had ended their search for the remaining crew of the Eternity C cargo ship that was attacked by Yemen's Houthi militants last week.The decision was made at the request of the vessel's owner, both agencies said.The Liberia-flagged, Greek-operated Eternity C sank on Wednesday morning following attacks over two consecutive days, according to sources at security companies involved in the rescue operation.Ten of the ship's complement of 22 crew and three guards were rescued. The remaining 15 are considered missing, including five who are believed to be dead, maritime security sources said.