Bahri signs five-year framework agreement with Saudi PSS
INDUSTRIAL NEWS
Bahri, a global leader in logistics and transportation, has announced the signing of a five-year framework agreement worth SR300 million ($80 million) with Saudi Arabia’s Presidency of State Security (PSS).
Under the terms of this agreement, which encompasses various internal and external sea, air, and land transport and freight services, Bahri will serve as the official carrier for the PSS and all its divisions.
Bahri has been operating in the maritime transport field for over 40 years with extensive experience in sea, air, and land transportation and freight.
It is one of the largest owners and operators of Very Large Crude-oil Carriers (VLCCs) in the world, and the largest owner of chemical tankers in the Middle East.
The company is committed to playing an integral and leading role in realizing Saudi Arabia’s Vision 2030 by continuously enhancing and expanding its services and presence across the world, enabling the opening of new trade routes, and positioning the kingdom as a unique regional logistics gateway to three continents.
Bahri has been operating in the maritime transport field for over 40 years with extensive experience in sea, air, and land transportation and freight.
It is one of the largest owners and operators of Very Large Crude-oil Carriers (VLCCs) in the world, and the largest owner of chemical tankers in the Middle East.
The company is committed to playing an integral and leading role in realizing Saudi Arabia’s Vision 2030 by continuously enhancing and expanding its services and presence across the world, enabling the opening of new trade routes, and positioning the kingdom as a unique regional logistics gateway to three continents.
The agreement was signed by PSS Head Abdulaziz Al Howairini and Bahri Chairman Mohammed Al Sarhan, in the presence of senior officials including Deputy Head of State Security for Financial Affairs and Support Services Saleh Al Dabbasi and Bahri CEO Engineer Abdullah Aldubaikhi.
Al Howairini lauded Bahri’s leading role in serving different government and private sectors, emphasizing the importance of cooperation to achieve the aspirations of the kingdom’s wise leaders and fulfil the objectives of Vision 2030.
"This deal win confirms the trust that Bahri has earned in the fields of logistics and transportation, and this agreement also reflects our commitment to strategic cooperation with different government institutions and agencies," he added.
