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During the late sixties, Jeddah Islamic
Port emerged as the major trading hub for
Saudi Arabia and the Arabian Peninsula.
This fact made Abdulkader Al Bakri, founder
and chairman of the company to recognize
that there was an opportunity there, so
in 1973 he founded Alkhomasia Establishment
and Bakri Bunker by acquiring a bunker tanker
and offered his agency and bunkering services
to calling and passing vessels.
However, his vision was far beyond providing
these services and after a few years, Bakri
Trading Company was founded to trade in
the physical oil and oil products markets
in the same period. Bakri Navigation Company
was established to provide shipping and
time charter services and Red Sea Marine
Services to cater for the market requirement
in ship management and marine support services.
For over twenty years, these five companies
operated as a group and provided a comprehensive
and complementing range of services to the
energy and marine markets. Hence, making
them one of the major players in Saudi Arabia
and the Middle East.
The steady growth, expansion and diversity
of the services that our different associate
entities has offered have dictated a need
for re-organization, in order to preserve
the values that Abdulkader Al Bakri has
founded a organization upon mainly competitiveness,
quality, reliability and flexibility. The
re-organization effort resulted in defining
the services that each entity and its related
services. The change that evolved in some
of these entities had to be consolidated
,but more importantly, it created Abdulkader
Al Bakri & Sons Holding Company, the
consolidation company of the following :
Alkhomasia Shipping & Maintenance Company
Limited, Bakri International Energy Company
Limited, Bakri Trading Company, Bakri Navigation
Company Limited and Red Sea Marine Services
Company Limited.
Today, these companies continue to provide
services in Middle East, Sub-Indian and
the Far East with ambition to cover the
rest of the world. The main activities concentration
in oil and energy trading, shipbuilding
and ship repair, seaports and marine services,
ship and airport refueling, ship management
and international chartering.
These companies are unique in being the
leading entities in Saudi Arabia, home of
50 % of the worlds' oil reserves. Their
roots are what distinguish them from others
and their historic presence in Saudi Arabia
and their firm commitment to the energy
and marine markets place them in a better
position than the competition to secure
the future energy and marine needs of its
customers.
Regions
These companies uniquely bring to its
operations the appropriate expertise, skills
and technology to spanning national and
cultural boundaries and to answer the needs
of the developing world. Everyone who works
for this organization has the satisfaction
of knowing that he is participating in providing
energy and marine services that will help
improve the lives of millions of people
around the world. Our growth is steady,
with the building of new vessels and marine
units including four 45,000 MT petrochemical
tankers. Our expansion is continuing apace,
with plants and storage facilities being
built in the Gulf, Middle East, Indian Sub-Continent,
Africa and the Far East.
Our customers include governments, government
state corporations and agencies, as well
as public sector and multinational oil corporations.
Our reputation for being creative in breaking
ground in new markets has its counterpart
in our proven reliability in providing affordable
energy to many remote areas of the globe,
which are inaccessible to major oil companies.
All members of this organization operate
in a safe environment and friendly manner
in accordance with national and international
standards to provide a total solution, with
quick-efficient, cost-effective and reliable
service.
A. K. Al Bakri & Sons Holding Company
and its subsidiaries strive to continue
the development and research in marketing,
operations and distribution networks
and these enabling us to attain our commitment
for high quality services
throughout the world.
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