Company Gulf Navigation Holding

Equities

GULFNAV

AEG000601019

Marine Freight & Logistics

Market Closed - Dubai FM 06:55:03 2024-04-19 am EDT 5-day change 1st Jan Change
6.81 AED -1.16% Intraday chart for Gulf Navigation Holding +12.01% -7.09%

Business Summary

Gulf Navigation Holding PJSC is a United Arab Emirates-based public shareholding company engaged, together with its subsidiaries, in marine transportation of commodities, chartering vessels, ship agency, marine transport under special passenger and merchant contracts, clearing and forwarding, container loading and unloading, and container discharging and packaging services. The Company is organized into four business segments: the Vessel owning & chartering segment is engaged in chartering of vessels to customers; the Commercial segment is involved in trading of goods, such as supplies, chemicals and gases required for ships; the Agency segment provides agency services to ships calling at ports, and the Other segment includes management of all divisions and administrative activities. As of February 17, 2014, the Company completed sale of two very large crude carriers (VLCC's) Gulf Sheba and Gulf Eyadah to DHT Holding Inc.

Number of employees: 350

Sales per Business

AED in Million2022Weight2023Weight Delta
Vessel Chartering
94.2 %
127 92.6 % 99 94.2 % -21.77%
Shipping and Technical Services
6.2 %
10 7.4 % 7 6.2 % -35.53%
Inter-segment Elimination
-0.4 %
-1 -0.7 % 0 -0.4 % -55.30%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
137 100.0 % 106 100.0 % -23.10%

Managers

Managers TitleAgeSince
Director of Finance/CFO - -
Chief Investment Officer - 21-11-27
Investor Relations Contact - 20-11-30
Comptroller/Controller/Auditor - 13-08-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 23-09-10
Chairman - 20-08-30
Director/Board Member - 18-03-24
Shariah Board Member - -
Director/Board Member - -
Director/Board Member - 23-09-10
Director/Board Member - 23-08-10

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 837,695,625 530,257,995 ( 63.30 %) 14,040,854 ( 1.676 %) 63.30 %

Shareholders

NameEquities%Valuation
Rasmala Investment Bank Ltd. (Investment Management)
23.88 %
200,000,000 23.88 % 332 M AED
AJMAN BANK
6.106 %
51,152,208 6.106 % 85 M AED
Al Sawari Real Estate Investment
4.990 %
41,801,012 4.990 % 69 M AED
Global Equity Investment
4.990 %
41,801,012 4.990 % 69 M AED
Dimensional Fund Advisors Ltd.
0.006204 %
51,973 0.006204 % 86 193 AED
DFA Australia Ltd.
0.001028 %
8,611 0.001028 % 14 281 AED

Company contact information

Gulf Navigation Holding PJSC

39th Floor, API Trio Office Tower Al Barsha 1

, Dubai

+971 4 427 0104

http://www.gulfnav.com
address Gulf Navigation Holding(GULFNAV)
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