IMI Signs Agreement with Bahri Logistics to Expand Storage Services
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.
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.
IMI CEO Dr Abdullah Al Ahmari and Bahri Logistics President Eng Soror Basalom signed the agreement during Saudi Maritime Congress 2022 taking place in Dammam this week.
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.
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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.
The three warehouses will cover a combined area of around 30,000 square meters – including storage and workshop areas – and will be located in Zones C and D of IMI’s yard, which focuses on new-build activities for commercial vessels and offshore jackup rigs and lift boats.
The 33 stores will be distributed across various yard zones. Bahri Logistics will design, install, and manage the day-to-day operations of all the storage systems.
Dr Abdullah Al Ahmari said: “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."
Eng Soror Basalom said: “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.”
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