National Shipping Company of Saudi Arabia (4030)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Major Shareholders
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

22 February 2017 08:53 AM Bahri unit inks JV with Netherlands' Koninklijke Bunge

Riyadh - Mubasher: The National Shipping Company of Saudi Arabia (Bahri) announced that its 60% owned Bahri Dry Bulk (BDB) signed a joint venture with the Netherlands' Koninklijke Bunge B.V. Under to the agreement, Bahri's unit and Bunge intend to …

Companies Investments

8 February 2017 02:36 PM KSA energy firms post SAR 1.89bn profits in 2016

By: Al-Sayed Gamal Riyadh - Mubasher: Saudi energy companies achieved SAR 1.89 billion profits in 2016 compared to SAR 1.22 billion in 2015, with 55.2% rise. Rabigh Refining and Petrochemical Company (Petro Rabigh) was the highest influencer as it …

Sector Reports

7 February 2017 09:46 AM Bahri receives 1st VLCC from Hyundai Samho

Riyadh - Mubasher: National Shipping Company of Saudi Arabia (Bahri) announced receiving “Amjad,” the first very large crude carrier (VLCC), from Hyundai Samho Heavy Industries (HSHI). The received VLCC is one of the oil carriers financed by Riyad …

Companies Investments

6 February 2017 11:44 AM Bahri to receive $95m VLCC in Seoul Tuesday

Riyadh - Mubasher: National Shipping Company of Saudi Arabia (Bahri) will receive a very large crude carrier (VLCC) from Hyundai Samho Heavy Industries (HSHI), according to, Yonhap News Agency. The first VLCC, which was named "Amjad," will be the …

Companies Investments

31 January 2017 06:39 PM Bahri decreases retained earnings SAR 55m on IFRS conversion

Riyadh – Mubasher: The National Shipping Company of Saudi Arabia's "Bahri" said that the financial impact of the conversion to the international financial reporting standards (IFRS) amounts to SAR 55 million. The company added that the retained …

Corporate Actions

17 January 2017 10:12 AM Bahri to distribute SAR 2.5/shr for 2016

Riyadh – Mubasher: The National Shipping Company of Saudi Arabia's "Bahri" ordinary general meeting approved distributing SAR 2.5 per share for 2016. The cash dividends represent 25% of the nominal value of the share, and amount to SAR 984.38 …

General Assembly

16 January 2017 09:11 AM Bahri profits down 42.12% in Q4

Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) reported a 42.12% decline year-on-year in its profits during the fourth quarter of 2016, according to a bourse filing. Net profits reached SAR 327.82 million ($87.4 million) …

Financial Results

14 January 2017 03:33 PM Tadawul awaits important events this week

Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of important events this week led by the ordinary general meeting by National Shipping Company. The National Shipping Company of Saudi Arabia will hold …

Event

18 December 2016 09:06 AM Bahri board proposes SAR 2.5/shr for 2016

Riyadh – Mubasher: The National Shipping Company of Saudi Arabia "Bahri" said its board has recommended a cash dividend distribution of SAR 2.5 per share, representing 25% of the nominal value of the share, for 2016 in their meeting on Thursday, …

Cash Dividends

30 November 2016 04:18 PM Bahri inks SAR 1.31bn Murabaha facility deal

Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) announced signing a Murabaha facility agreement on Wednesday at a value of SAR 1.31 billion ($350 million). The agreement will be arranged by standard chartered bank, which …

Sukuk and Islamic Finance

21 October 2016 06:02 PM Bahri posts SAR 1.4bn profits in 9M

Riyadh – Mubasher: National Shipping Company of Saudi Arabia's (Bahri) profits decreased 37.61% to SAR 318.37 million in the third quarter of 2016 from SAR 510.3 million in the same quarter of 2015. The decrease in net income was due to an overall …

Financial Results

4 September 2016 04:07 PM Al Rajhi Capital maintains Overweight on Bahri

Riyadh - Mubasher: Al Rajhi Capital Research said that National Shipping Company of Saudi Arabia’s (Bahri) stock price continue to decline following the tanker rate, which was down for the past months. The share’s price fell 9% in August and 14% …

Stock Evaluations

29 August 2016 01:41 PM Five private transactions on Tadawul total SAR 40m on Monday

Riyadh – Mubasher: Five transactions privately executed on the Saudi Stock Exchange (Tadawul) on 2 million shares on Monday at a value of SAR 39.7 million, according to a bourse filing. Two transactions saw the trading of 1.6 million of Banque …

Trading Activities

16 August 2016 09:57 AM Bahri unit, APICORP ink SAR 182m Islamic facility

Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) announced that its subsidiary signed a Murabaha facility agreement on Monday 15 August. Bahri's unit National Chemical Carriers Co Ltd. entered into an agreement with Arab …

Sukuk and Islamic Finance

14 August 2016 00:24 PM Bahri unit inks $133m facility deal with APICORP, BNP Paribas

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) announced that its subsidiary signed a Murabha facility agreement on Friday 12 August. Bahri's unit National Chemical Carriers Co Ltd. entered into an agreement with Arab …

International Agreements

9 August 2016 02:48 PM KSA transport firms post SAR 773m in Q2

By: Thabet Shehata Riyadh – Mubasher: Saudi-listed transport companies’ profits rose 29.76% year-on-year to SAR 772.73 million ($206 million) in the second quarter of 2016 from SAR 595.48 million ($158 million). Net profits of the companies also …

Sector Reports

2 August 2016 03:02 PM Twelve private transactions on Tadawul total SAR 200m

Riyadh – Mubasher: Twelve transactions were privately executed on the Saudi Stock Exchange (Tadawul) on 8.2 million shares on Tuesday at a value of SAR 200 million, according to a bourse filing. Saudi Hollandi Bank (SHB) topped the transactions …

Trading Activities

26 July 2016 06:39 PM Bahri posts 17.62% rise in Q2 profits

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) achieved profits worth SAR 504.18 million ($134.45 million) in the second quarter of 2016, 47.2% higher from SAR 342.48 million ($91.3 million) in the same quarter of 2015. …

Financial Results

17 July 2016 11:41 PM APICORP, Bahri fund to support KSA economic growth – chairman

By: Majed Al Shabeb Riyadh – Mubasher: The deal signed by the Arab Petroleum Investments Corporation (APICORP) and the National Shipping Company of Saudi Arabia (Bahri) comes amid stock and oil market turbulences, said APICORP chairman Aabed Bin …

Companies Investments

17 July 2016 09:56 PM KSA not to increase oil production - Minister

By: Majed Al Shabeb Riyadh - Mubasher: Saudi minister of energy Khalid Al Faleh said that the kingdom does not intend to boost its oil production after National Shipping Company of Saudi Arabia (Bahri) added 15 Very Large Crude Carriers (VLCCs) to …

Companies Investments

17 July 2016 10:47 AM Bahri, APICORP ink deal to launch SAR 5.6bn fund

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) said it signed an agreement with the Arab Petroleum Investments Corporation (APICORP) to establish an investment fund worth around SAR 5.6 billion ($1.5 billion). The fund aims …

Companies Investments

19 June 2016 00:06 PM Saudi listed firms’ Q2 profits likely to reach SAR 13.5bn – report

Riyadh – Mubasher: KSB Capital Group expected profits of 38 companies listed on the Saudi Stock Exchange (Tadawul) to reach SAR 13.64 billion for the second quarter of the fiscal year 2016, 20% down from about SAR 17 billion in Q2-15. The Saudi …

Financial Results

5 June 2016 10:31 AM Bahri inks SAR 472.5m murabaha with Japanese bank

Riyadh - Mubasher: National Shipping Company of Saudi Arabia (Bahri) announced on Sunday that it has signed a Murabaha financing agreement worth SAR 472.5 million ($126 million) with Japan’s Bank of Tokyo-Mitsubishi UFJ on Thursday. The loan …

Companies Investments

1 June 2016 10:28 AM Bahri inks JDA for developing maritime yard in Ras Al Khair

Riyadh - Mubasher: National Shipping Company of Saudi Arabia (Bahri) announced Wednesday that it has signed yesterday a joint development agreement (JDA) with Saudi Arabian Oil Company (Saudi Aramco), South Korea’s Hyundai Heavy Industries and …

Companies Investments

9 May 2016 03:51 PM Bahri’s unit NCC receives 4th chemical tanker

Riyadh - Mubasher: National Shipping Company of Saudi Arabia (Bahri) announced on Monday that its subsidiary National Chemical Carriers (NCC) has received the fourth MR ship STI Olivia. According to a bourse filing, the ship name was changed to …

Companies Investments