Strategy

Strategic objectives

• Secure access to untapped demand among core customers
• Target domestic value leakage in Saudi Arabia through Vision 2030 initiatives like the National Industrial Development and Logistics Program
• Modernize and acquire new vessels to capitalize on increasing demand

Strategic objectives

• Invest strategically across the core businesses and in desalination to provide business cycle hedges
• Leverage global presence to offer integrated logistics solutions spanning land, sea and air transport
• Expand capacity for end-to-end services, including contract logistics, freight forwarding, and specialized solutions

Strategic objectives

• Employ value-driven strategies for revenue mix, vessel deployment and voyage optimization to ensure profitability is not purely market-driven
• Reduce cost through continuous improvements in cost efficiencies
• Leverage in-house ship management capabilities to ensure operational excellence, safety and reliability across the fleet

Strategic objectives

• Secure access to demand channels by forging new strategic partnerships, expanding market presence, and benefiting from cost advantages
• Build on alignment with Vision 2030 and strong backing from strategic shareholders to expand demand channels
• Leverage relationship with Aramco to expand market beyond CIF crude oil sales