2019 Annual Report

Welcome to Nakilat’s Digital Annual Report

The company witnessed significant growth and development throughout 2019 in alignment with its ambition to be a global leader and provider of choice for energy transportation and maritime services. The 2019 Annual Report captures the highlights of our financial performance, corporate strategy, business operations as well as comprehensive approach towards sustainability.

Board of Directors Report

“The company has come a long way in its brief 15-year operating history to become a formidable global shipping and maritime company. Bolstered by more favorable market conditions and our own implementation of business diversification and resource optimization strategies, we have stayed true to our mission to create value for our shareholders while elevating the business to new heights.”

HE Dr. Mohammed Bin Saleh Al-Sada

CEO message

“2019 was yet another year characterized by outstanding achievements for Nakilat, as the company continued its impressive momentum of growth and expansion across all fronts. Nakilat emerged stronger, pursuing operational excellence, diversifying portfolios, solidifying internal capabilities, strengthening international presence and aggressively implementing strategic long-term growth strategies. The company remained undeterred by challenges as it strived towards its vision to be a global leader and provider of choice for energy transportation and maritime services.”

Eng. Abdullah Fadhalah Al Sulaiti

FINANCIAL HIGHLIGHTS

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