Manama:Bahrain Maritime Holding Company, a subsidiary of Bahrain Mumtalakat Holding Company, is making strides in expanding cooperation with The Captain's Holding to bolster Bahrain's maritime sector and enhance its regional presence. This initiative is part of the company's broader strategy to develop its maritime business, strengthen integration across its subsidiaries, and create new growth opportunities within the Kingdom and the region.
According to Bahrain News Agency, these efforts underline the Board of Directors' commitment to consolidating efforts within an integrated business ecosystem, leveraging the expertise of its subsidiaries to develop services and explore strategic opportunities. Notably, the partnership between Masar Group and The Captain's Holding in Bahrain signifies a crucial pillar supporting this direction.
Masar Group introduced The Captain's Club service in Bahrain through a partnership announced in November 2026. This service offers an annual membership model that allows members to operate boats after completing necessary training and safety requirements, without owning or maintaining the boats themselves. This initiative reflects Masar Group's dedication to diversifying maritime tourism experiences and aligns with Bahrain Maritime Holding Company's goals to enhance the maritime sector.
The announcement was made at the Gateway Gulf 2026 investment forum, organized by the Bahrain Economic Development Board, and held at the Four Seasons Hotel Bahrain Bay on November 1 and 2.
Shaikh Abdullah bin Isa Al Khalifa, Chairman of Bahrain Maritime Holding Company, emphasized the Board's commitment to developing the company's business and strengthening integration across subsidiaries, which enables the exploration of new growth opportunities. He highlighted the importance of partnerships like the one between Masar Group and The Captain's Holding as practical models for advancing maritime services and expanding opportunities within the sector.
Zaid Shouli, Chief Executive Officer and Managing Partner of The Captain's Holding, acknowledged the efforts of Bahrain Maritime Holding Company in developing the maritime sector and enhancing integration across subsidiaries. He expressed optimism about future cooperation opportunities that will further support the sector's growth and create new prospects across the region.
Bahrain Maritime Holding Company's portfolio includes a range of activities such as maritime transport, marine tourism, logistics, and boatbuilding, which contribute to operational integration and collaboration opportunities, facilitating expansion in local and regional markets. These efforts align with Bahrain's economic diversification objectives and Bahrain Economic Vision 2030, reinforcing the Kingdom's ambition to be a leading regional hub for maritime and logistics activities.