A Bahri vessel
National Shipping Company of Saudi Arabia (Bahri) announced that Yanbu Grain Handling Terminal was inaugurated on Dec. 22 and started commercial production. 
The terminal, located at the Yanbu Commercial Port and operated by the National Grains Company (Joint Venture between Bahri and SALIC), was launched in the presence of distinguished officials and representatives from both public and private sectors, the company said in a statement to Tadawul.
For more news and details on the projects
The delay resulted from the implementation of additional requirements to the project to improve the flow of operations in the future, in addition to constructing additional parts to the project infrastructure that shall enable any future potential expansions, the statement added.
Bahri further indicated that the total cost of the project increased by 7% over the previously allocated amount, which was SAR 412.5 million, for the above-mentioned reasons, which is not considered a material change.
Grain delivery service to customers within the Kingdom has been added to the project. This will offer closer proximity to customers, resulting in improved customer experience and enhanced project profitability margins, the statement included.
According to data compiled by Argaam, Minister of Environment, Water and Agriculture, Chairman of SALIC Group, Abdulrahman Al-Fadhli, inaugurated yesterday, Dec. 22, the Yanbu Grain Handling Terminal, located in Yanbu Commercial Port, which is affiliated with the National Grain Company.
The terminal has a capacity of up to 156,000 tons and includes 12 silos with a total capacity of 96,000 tons and a 650-meter conveyor belt, in addition to its ability to unload directly from ships with a capacity of 800 tons per hour and an annual handling capacity exceeding three million tons of grain.
National Grains Co. was established in 2020 as a strategic partnership between Bahri and SALIC with a total value of SAR 412.5 million.
A Bahri vessel
National Shipping Company of Saudi Arabia (Bahri) announced that Yanbu Grain Handling Terminal was inaugurated on Dec. 22 and started commercial production.
The terminal, located at the Yanbu Commercial Port and operated by the National Grains Company (Joint Venture between Bahri and SALIC), was launched in the presence of distinguished officials and representatives from both public and private sectors, the company said in a statement to Tadawul.
For more news and details on the projects
The delay resulted from the implementation of additional requirements to the project to improve the flow of operations in the future, in addition to constructing additional parts to the project infrastructure that shall enable any future potential expansions, the statement added.
Bahri further indicated that the total cost of the project increased by 7% over the previously allocated amount, which was SAR 412.5 million, for the above-mentioned reasons, which is not considered a material change.
Grain delivery service to customers within the Kingdom has been added to the project. This will offer closer proximity to customers, resulting in improved customer experience and enhanced project profitability margins, the statement included.
According to data compiled by Argaam, Minister of Environment, Water and Agriculture, Chairman of SALIC Group, Abdulrahman Al-Fadhli, inaugurated yesterday, Dec. 22, the Yanbu Grain Handling Terminal, located in Yanbu Commercial Port, which is affiliated with the National Grain Company.
The terminal has a capacity of up to 156,000 tons and includes 12 silos with a total capacity of 96,000 tons and a 650-meter conveyor belt, in addition to its ability to unload directly from ships with a capacity of 800 tons per hour and an annual handling capacity exceeding three million tons of grain.
National Grains Co. was established in 2020 as a strategic partnership between Bahri and SALIC with a total value of SAR 412.5 million.
