MANAMA: Southern Tourism Company (STC), a portfolio company of Bahrain’s sovereign wealth fund Mumtalakat, announced the appointment of Yousif Al Manea as the new chief executive.
His new role includes overseeing the implementation of the strategy to position the company as a regional service provider and enhance services to meet the growing demand in the market.
Mr Al Manea holds a bachelor’s degree in industrial engineering from King Abdulaziz University in Jeddah, Saudi Arabia, and brings over 14 years’ experience in the logistics sector.
Ahmed Janahi, representative of Mumtalakat and chairman of the STC board of directors, said: “This appointment reflects our trust in the capabilities of Bahraini talents. We are confident in Mr Al Manea’s ability to achieve the goals of STC’s ambitious strategy, which will contribute to positioning the kingdom as a key hub for logistics and maritime transportation solutions.”
Upon his appointment, Mr Al Manea commented: “I look forward to working closely with the STC team to enhance the company’s operations and services. We aim to become a leading local and regional maritime logistics service provider, contributing to the growth and development of this important economic sector, in line with the kingdom’s 2030 vision.”
STC was established in the year 2000 to provide maritime transportation and logistics solutions.
The company operates the largest, commercial sea transport fleet in Bahrain and handles loading and unloading operations in all of the kingdom’s territorial waters.
In addition, it provides services to both public and private sectors, including the BDF, Electricity and Water Authority, Hawar Beach Hotel and other leading companies within the kingdom.
Through its headquarters in Al Dur, the company manages and operates several ports and harbours in Bahrain, such as Fasht Aljarim, Hawar, Al Dur, Marina Beach and Sa’ada harbour.
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