Vela International Marine

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Vela International Marine is a Saudi Aramco-owned company that has been established in 1984. The company currently owns 23 oil tankers most of which are Very Large Crude Carriers (VLCCs). The company's headquarters are in Dubai. 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 $3million ransom was paid.^[2]

[edit] The Vela Fleet

The current fleet^[3] consist of:

• Sirius Star -- 318,000 DWT.
• Aries Star -- 317,000 DWT.
• Capricorn Star -- 317,000 DWT.
• Leo Star -- 317,000 DWT.
• Pisces Star -- 317,000 DWT.
• Hydra Star -- 305,800 DWT.
• Orion Star-- 305,700 DWT.
• Carina Star-- 305,600 DWT.
• Columba Star-- 304,600 DWT.
• Dorado Star -- 304,600 DWT.
• Alphard Star-- 301,800 DWT.
• Gemini Star-- 301,800 DWT.
• Suhail Star-- 301,800 DWT.
• Shula Star-- 301,500 DWT.
• Polaris Star-- 301,500 DWT.
• Hamal Star-- 301,500 DWT.
• Mirfak Star-- 301,500 DWT.
• Pherkad Star-- 301,300 DWT.
• Markab Star-- 301,200 DWT.
• Al Bali Star-- 291,400 DWT.
• Libra Star-- 291,400 DWT.
• Phoenix Star--291,400 DWT.
• Aldebaran Star-- 97,160 DWT.
• Al Mahad -- 48,530 DWT.
• Al Safaniya -- 48,530 DWT.
• Mars Glory -- 29,900 DWT.
• Venus Glory -- 29,900 DWT.
• Albahah -- 47,200 DWT.
• Shaybah -- 47,180 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 24 Tankers.
• 19 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.

[edit] References