During the late sixties, Jeddah Islamic Port emerged as the major trading hub for Saudi Arabia and the Arabian Peninsula. This fact made Abdulkader Al Bakri, founder and chairman of the company to recognize that there was an opportunity there, so in 1973 he founded Alkhomasia Establishment and Bakri Bunker by acquiring a bunker tanker and offered his agency and bunkering services to calling and passing vessels. However, his vision was far beyond providing these services and after a few years, Bakri Trading Company was founded to trade in the physical oil and oil products markets in the same period. Bakri Navigation Company was established to provide shipping and time charter services and Red Sea Marine Services to cater for the market requirement in ship management and marine support services.
For over thirty years, these five companies operated as a group and provided a comprehensive and complementing range of services to the energy and marine markets. Hence, making them one of the major players in Saudi Arabia and the Middle East.
The steady growth, expansion and diversity of the services that our different associate entities has offered have dictated a need for re-organization, in order to preserve the values that Abdulkader Al Bakri has founded a organization upon mainly competitiveness, quality, reliability and flexibility. The re-organization effort resulted in defining the services that each entity and its related services. The change that evolved in some of these entities had to be consolidated ,but more importantly, it created Abdulkader Al Bakri & Sons Holding Company, the consolidation company of the following : Alkhomasia Shipping & Maintenance Company Limited, Bakri International Energy Company Limited, Bakri Trading Company, Bakri Navigation Company Limited and Red Sea Marine Services Company Limited.
Today, these companies continue to provide services in Middle East, Sub-Indian and the Far East regions with ambition to cover the rest of the world. The main activities concentration in oil and energy trading, shipbuilding and ship repair, seaports and marine services, ship and airport refueling, ship management and international chartering.
These companies are unique in being the leading entities in Saudi Arabia, home of 50 % of the worlds' oil reserves. Their roots are what distinguish them from others and their historic presence in Saudi Arabia and their firm commitment to the energy and marine markets place them in a better position than the competition to secure the future energy and marine needs of its customers.
These companies uniquely bring to its operations the appropriate expertise, skills and technology to spanning national and cultural boundaries and to answer the needs of the developing world. Everyone who works for this organization has the satisfaction of knowing that he is participating in providing energy and marine services that will help improve the lives of millions of people around the world.
Our growth is steady, with the building of new vessels and marine units including four 45,000 MT petrochemical tankers. Our expansion is continuing apace, with plants and storage facilities being built in the Gulf, Middle East, Indian Sub- Continent, Africa and the Far East.
Our customers include governments, government state corporations and agencies, as well as public sector and multinational oil corporations. Our reputation for being creative in breaking ground in new markets has its counterpart in our proven reliability in providing affordable energy to many remote areas of the globe, which are inaccessible to major oil companies.
All members of this organization operate in a safe environment and friendly manner in accordance with national and international standards to provide a
total solution, with quick-efficient, cost-effective and reliable service.
A. K. Al Bakri & Sons Holding Company and its subsidiaries strive to continue the development and research in marketing, operations and distribution networks and these enabling us to attain our commitment for high quality services throughout the world.