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Vela International Marine

Saudi Arabian oil tanker company From Wikipedia, the free encyclopedia

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

Native name
Arabic: فيلا
Founded1984; 42 years ago (1984)
HeadquartersArmada Towers, ,
United Arab Emirates
Quick facts Native name, Founded ...
Vela International Marine Limited
Native name
Arabic: فيلا
Founded1984; 42 years ago (1984)
HeadquartersArmada Towers, ,
United Arab Emirates
ParentBahri
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Sirius Star

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]

  • Albutain Star --319,500 DWT
  • Aldebaran Star --97,000 DWT
  • Almizan Star --319,500 DWT
  • Alnasl Star --49,000 DWT
  • Altair Star --49,000 DWT
  • Alphard Star-- 301,800 DWT
  • Altarf Star --49,000 DWT
  • Antares Star --319,400 DWT
  • Aries Star -- 317,000 DWT
  • Capricorn Star -- 317,000 DWT
  • Gemini Star-- 301,800 DWT
  • Homan Star-- [5]
  • Janah Star --319,500 DWT[6]
  • Leo Star -- 317,000 DWT
  • Markab Star --301,500 DWT
  • Mirfak Star-- 301,500 DWT
  • Perkhad Star --301,500 DWT
  • Phoenix Star--291,400 DWT
  • Pisces Star -- 317,000 DWT
  • Polaris Star --301,500 DWT
  • Saiph Star --318,000 DWT
  • Serius Star --319,500 DWT
  • Shaula Star-- 301,500 DWT
  • Manifa -- 318,000 DWT.
  • Suhail Star-- 301,800 DWT
  • Vega Star --319,500 DWT
  • Virgo Star -- [5]
  • Zaurak Star --49,000 DWT

Vela International Marine Limited is ranked the sixth largest VLCC owner in the world:[citation needed]

  • 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.

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