Business Model

Our business model is designed to deliver on our vision to connect economies, share prosperity, and drive excellence in global logistics services. It is tailored to the ongoing commitment and changes we endeavor to make every year, to ensure the most up-to-date and efficient processes are in place, in line with Bahri’s overall strategic aims. The business model clearly articulates how the senior management team, and our staff work in accordance with a clearly defined framework with input and output processes.

    • Financial capital in the form of cash, financing facilities, and equity
    • Proprietary owned equipment, including VLCCs, logistics hubs, and overall infrastructure
    • A workforce comprised of 500 direct employees, and over 2,500 seafarers deployed on a contractual basis
    • Contract types:
      • Chartering vessels on a long-term basis to our customers
      • Contract of Affreightments (COAs), which we launch both long- and short-term, depending on customer requirements
      • Spot contracts for return cargo / backhaul voyages, primarily used for chemicals, oil and RORO, and multipurpose vessels
      • Different contracts for movement of cargo
    • Drivers of demand:
      • Demand is driven by front haul for local customers, a significant portion of our overall revenue base, and back hauls for international customers
    • Safety and maintenance:
      • Drydocking of vessels
      • Vessel maintenance
      • Insurance
      • Tanker cleaning services
      • Custom clearing services
    • Primarily service-based outputs resulting from our input processes and value creation methods
    • Cash flow and current financial resources
    • Proprietary owned equipment, including VLCCs, logistics hubs, and overall infrastructure
    • Relationships developed with customers and respective key senior management teams
    • Experience and knowledge gained through working with numerous markets