International Maritime Industries (IMI), the largest shipyard in the MENA region, has signed a long-term agreement with Bahri Logistics, one of Bahri’s business units, to enhance its supply chain through state-of-the-art warehousing and logistics services.
Under the agreement, IMI will leverage Bahri Logistics’ expertise to operate and manage three warehouses and a total of 33 stores across its yard in Ras Al Khair, Saudi Arabia.
In addition, Bahri Logistics will handle the transportation of materials required for new build and maintenance, repair, and overhaul (MRO) operations from local and international suppliers to IMI’s premises, including inland transportation and customs clearance.
“We are pleased to sign this agreement with Bahri Logistics and further our partnership with Bahri, a global leader in transport and logistics and one of our four founding JV partners. This agreement reflects Bahri’s ongoing commitment to supporting our efforts to build a world-class shipyard with an advanced and fully integrated supply chain, that will help drive the development of Saudi Arabia’s maritime industry. IMI is built on a foundation of key partnerships with leading industry companies, and working with a leading logistics provider such as Bahri Logistics further enhances our strong product and service offerings.”
The agreement supports IMI’s commitment to developing the Saudi maritime industry and will further enable IMI to offer its customers a highly responsive localized supply chain that reduces risk, lowers costs, and speeds up response times.
Eng. Soror Basalom, President of Bahri Logistics, said that, “Through our comprehensive portfolio of services and strong track record of industrial logistics projects, we are confident in our ability to fulfill IMI’s storage and logistics needs.”
“Working with IMI to leverage our technical expertise and facilitate knowledge transfer and capacity building, we are proud to be contributing to the development of the Saudi maritime industry under Vision 2030,” Eng. Basalom added.