Vela International Marine
Encyclopedia
Vela International Marine Limited is a Saudi Aramco
-owned company headquartered on the 7th floor of City Tower 2 in Dubai
, United Arab Emirates
. Vela, established in 1984, currently owns 29 oil tankers most of which are Very Large Crude Carriers (VLCCs). The company's headquarters is in Dubai
.
Vela International Marine's ship the MV Sirius Star
was hijacked by Somali pirates on 15 November 2008 and released 9 January 2009 after a $3million ransom was paid.
Vela International Marine Limited is ranked the sixth largest VLCC owner in the world:
Saudi Aramco
Saudi Aramco , officially the Saudi Arabian Oil Company, is the national oil company of Saudi Arabia.Saudi Aramco is the world's largest and most valuable privately-held company, with estimates of its value in 2011 to be $7 trillion USD.Saudi Aramco has both the largest proven crude oil reserves,...
-owned company headquartered on the 7th floor of City Tower 2 in Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
, United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
. Vela, established in 1984, currently owns 29 oil tankers most of which are Very Large Crude Carriers (VLCCs). The company's headquarters is in Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
.
Vela International Marine's ship the MV Sirius Star
MV Sirius Star
MV Sirius Star is an oil tanker owned and operated by Vela International Marine. With a length overall of and a capacity of of crude oil, the ship is classified as a very large crude carrier or VLCC. Vela is based in the United Arab Emirates and is a subsidiary of the Saudi Arabian state oil...
was hijacked by Somali pirates on 15 November 2008 and released 9 January 2009 after a $3million ransom was paid.
The Vela Fleet
The current fleet consists of:- Albutain Star --
- Aldebaran Star --
- Almizan Star --
- Alnasl Star --
- Altair Star --
- Alphard Star-- .
- Altarf Star --
- Antares Star --
- Aries Star -- .
- Capricorn Star -- .
- Gemini Star-- .
- Homan Star--
- Janah Star --
- Leo Star -- .
- Markab Star --
- Mirfak Star-- .
- Perkhad Star --
- Phoenix Star--.
- Pisces Star -- .
- Polaris Star --
- Saiph Star --
- Serius Star --
- Shaula Star-- .
- Sirius StarMV Sirius StarMV Sirius Star is an oil tanker owned and operated by Vela International Marine. With a length overall of and a capacity of of crude oil, the ship is classified as a very large crude carrier or VLCC. Vela is based in the United Arab Emirates and is a subsidiary of the Saudi Arabian state oil...
-- . - Suhail Star-- .
- Vega Star --
- Virgo Star --
- Zaurak Star --
Vela International Marine Limited is ranked the sixth largest VLCC owner in the world:
- 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.