Vela International Marine

Vela International Marine Limited is a Bahri-owned company. Vela, established in 1984, currently owns 29 oil tankers most of which are very large crude carriers (VLCCs).

Vela International Marine's ship the MV Sirius Star was hijacked by Somali pirates on 15 November 2008[1] and released 9 January 2009 after a $3 million ransom was paid.[2]

Vela was owned by Saudi Aramco but was sold to Bahri for $1.3 billion 2012.[3]

The Vela Fleet

The current fleet consists of:[4]

Vela International Marine Limited is ranked the sixth largest VLCC owner in the world:

  • Albutain Star --
  • Aldebaran Star --
  • Almizan Star --
  • Alnasl Star --
  • Altair Star --
  • Alphard Star--
  • Altarf Star --
  • Antares Star --
  • Aries Star --
  • Capricorn Star --
  • Gemini Star--
  • Homan Star-- [5]
  • Janah Star --[6]
  • Leo Star --
  • Markab Star --
  • Mirfak Star--
  • Perkhad Star --
  • Phoenix Star--
  • Pisces Star --
  • Polaris Star --
  • Saiph Star --
  • Serius Star --
  • Shaula Star--
  • Manifa --.
  • Suhail Star--
  • Vega Star --
  • Virgo Star -- [5]
  • Zaurak Star --
  • 1,100 Employees Worldwide.
  • 1,000 Voyages/Year.
  • Own & Operate 26 Tankers.
  • 22 VLCC Vessels: 2.1 MM BBL/Voyage.
  • One Aframax Tanker: 0.6 MM BBL/Voyage.
  • Four Medium Rang Tankers: 0.3 MM BBL/Voyage.
  • Vela Transports 3 MM BBL/Day, 83% Internationally, 17% Domestically.

References

  1. Sarah More McCann. Somali pirates attack tanker loaded with oil Christian Science Monitor, 2008-11-17, retrieved 2009-01-10^
  2. Saudi tanker 'freed off Somalia' BBC News, January 9, 2009, retrieved 2009-01-10^
  3. Saudi Aramco sells Vela International Marine Limited Maritime Connector, 29 June 2012^
  4. Vela.ae^
  5. http://home.aramco.com.sa/html/show_news_details.asp?key=34107^
  6. http://www.aramcoexpats.com/Articles/Pipeline/Saudi-Aramco-News/Dhahran-Media/3655.aspx^