Bakri Navigation Co. Ltd.

Ship Owners

Bakri Navigation Co. Ltd. is a recognized maritime transport company that specializes in the shipping and logistics sector. Here are several key aspects typically associated with the company:

History and Background: Bakri Navigation Co. Ltd., established in Saudi Arabia, is a subsidiary of Bakri International Energy Company. The parent company has diverse interests in energy sectors, including oil and gas, and Bakri Navigation complements these activities by focusing on the transportation of oil and refined petroleum products.

Core Activities: The company primarily engages in the shipping and maritime transport of crude oil, petroleum products, chemicals, and other bulk cargo. This involves operating a fleet of tankers and other vessels designed to safely and efficiently transport these commodities worldwide.

Fleet and Operations: Bakri Navigation manages a modern and technologically advanced fleet of vessels, which often include Very Large Crude Carriers (VLCCs), Aframax, and Suezmax tankers. The fleet’s operations are supported by sophisticated logistics and monitoring systems to ensure safety, compliance with international maritime regulations, and timely delivery.

Global Reach: While based in Saudi Arabia, Bakri Navigation’s operations have a global footprint. This involves traversing key international shipping routes and docking at major ports around the world. Such extensive reach allows the company to serve a wide range of clients in various geographical regions.

Safety and Environmental Standards: Given the nature of its cargo, Bakri Navigation places a strong emphasis on safety and environmental stewardship. The company adheres to stringent international standards and best practices to minimize environmental impact and ensure the safety of its crew and cargo.

Market Position: Bakri Navigation holds a significant position in the maritime transport industry, particularly in the Middle East. It serves a variety of international and regional clients, including major oil companies, refineries, and trading firms.

Partnerships and Alliances: To enhance its capabilities and market reach, Bakri Navigation often forms strategic partnerships and alliances with other companies in the maritime and energy sectors. These collaborations can involve joint ventures, sharing of resources, and cooperative logistics operations.

If you are interested in doing business with Bakri Navigation or want more specific information about their current operations, vessels, or services, it would be best to visit their official website or contact their corporate office directly.

Ships

AL BARRAH

Liquefied Gas Carrier (LPG) | Flag: Saudi Arabia | Port: DAMMAM

AL JABIRAH

Liquefied Gas Carrier (LPG) | Flag: Saudi Arabia | Port: DAMMAM

AL MUKHTARAH

Tanker for Oil | Flag: Saudi Arabia | Port: DAMMAM

BORAQ

Tanker for Chemicals & Oil Products | Flag: Saudi Arabia | Port: DAMMAM

QURTUBA

Tanker for Chemicals & Oil Products | Flag: Saudi Arabia | Port: DAMMAM

Maritime News

Oil Tanker Explodes off Libya, No Injuries Reported

yesterday

An oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but no injuries or pollution were reported, a spokesperson for the operator TMS Tankers said on Monday.The Marshall Islands-flagged tanker Vilamoura had left Libya's Zuetina port and was en route to Gibraltar when there was an explosion in the engine room, the operator said.The vessel is now being towed to Greece where it is expected to arrive by July 2, it added.(Reuters - Reporting by Angeliki KoutantouEditing by Gareth

Autonomous Ships Must Have Search and Rescue Capabilities

yesterday

The 110th session of the Maritime Safety Committee (MSC 110) was held from June 18 to 27, with significant progress on a new non-mandatory code of safety for autonomous ships (MASS Code).The code addresses the emerging need for a regulatory framework to ensure the safe, secure and environmentally sound operation of autonomous and remote-controlled key functions.DNV reports that MSC 110 made significant progress, finalizing 18 chapters in the MASS Code, leaving mainly the chapter on the human element to be finalized.A key decision made was that unmanned MASS should be capable of assisting persons in distress.

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

4 days ago

Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%. That cost increase on goods from the nation's No. 1 ocean trading partner remains significant, especially at a time when U.S. economic data is signaling weakness.Rates on the closely watched Shanghai-to-U.S.

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Ships to the Scrapyard Could Double to 16,000 Vessels over Next Decade

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“As the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) enters into force we have updated our estimate for the ship recycling potential over the next 10 years. We now estimate the potential to be 16,000 ships, or 700m deadweight tonnes (DWT), from previously 15,000. The new estimate equals twice the number of ships, and nearly triple the DWT, recycled over the last 10 years and highlights the need for investments in compliant recycling facilities,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.