Page 13 - Port of Baltimore Magazine Nov/Dec 2012
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November/December 2012
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The Port of Baltimore
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SHIPPING
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Bahri Merges Fleets with Vela
B
ahri announced in October that it reached an
agreement to merge its fleets with
Vela International Marine Limited,
a wholly owned subsidiary of the Saudi
Arabian Oil Company. With the deal, Bahri
takes ownership of Vela’s fleet, consisting
of 14 very large crude carriers (VLCCs), a
floating storage VLCC, an Aframax tanker
and four product tankers. The deal also makes Bahri,
the name commonly used for the National Shipping
Company of Saudi Arabia, the exclusive provider of
VLCC crude oil shipping services to Saudi Aramco for
crude oil sold on a delivery basis.
Bahri ships call regularly on the Port of Baltimore, and
the company’s offices are in downtown Baltimore.
In other Bahri news, the shipping company signed
a contract in March with the Qatar Aluminum Company
after completing 15 trial shipments transporting aluminum
from Saudi Arabia to the Port of Baltimore and two other
U.S. ports. The estimated value of the contract, good
for one year with a potential one-year extension, is for
approximately $13.5 million.
INFRASTRUCTURE
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Work Gets Going on
Broening Highway
T
he reconstruction of Broening Highway commenced
in mid-October, with the first phase of the project
involving the Keith Avenue - Broening Highway
interchanges. During the entire project, lane alterations
can be expected along with various maintenance of
traffic devices to direct the flow of traffic along Broening
Highway.
The purpose of the project is to improve the roadway in-
frastructure and vehicular movements, while also establishing
a key connection from Southbound Broening Highway to I-95
via the Keith Avenue ramp. Construction is expected to last
for approximately 24 months.
BILL MCALLEN
Dave Thomas of the MPA speaks about Broening Highway work.
