2021 Annual Report

Welcome to Nakilat’s Digital Annual Report

The company witnessed significant growth and development throughout 2021 in alignment with its ambition to be a global leader and provider of choice for energy transportation and maritime services. The 2021 Annual Report captures the highlights of our financial performance, corporate strategy, business operations as well as comprehensive approach towards sustainability.

Board of Directors Report

“During the past year, the world continued to face exceptional adversity in the form of the COVID-19 pandemic, one that has reshaped our view of normal and posed unprecedented challenges to the global shipping and maritime industry. The passion and strength of our people shone through these difficult times. Nakilat remained resilient in continuing to build on our operational response to the pandemic, enabling us to adapt swiftly and ensure business continuity to create value for our shareholders and customers.”

HE Dr. Mohammed Bin Saleh Al-Sada

CEO message

“I am proud to say that we have weathered the storm and emerged stronger, continuing to pursue operational excellence and following through our long-term growth strategies as we strive towards our vision. Our excellent financial performance in 2021 is the direct result of our concerted efforts and commitment to deliver value to our stakeholders and customers with a net profit of QR 1,354 million achieved, a 16.7% increase against the previous year at QR 1,161 million.”

Eng. Abdullah Fadhalah Al Sulaiti