Thursday, May 21, 2020
Tuesday, March 10, 2020
Saudis Make Rare Supertanker Bookings to Carry Flood of Oil
By Sheela Tobben, Alaric Nightingale and Serene Cheong (Bloomberg) — Saudi Arabia’s biggest tanker company booked a batch of ships to transport the kingdom’s crude to U.S. customers in what shipbrokers...
Thursday, June 27, 2019
Bahri Commits to VLCCs a Saudi Arabia’s New King Salman Maritime Complex
Saudi Arabian shipping company Bahri has signed a Memorandum of Understanding for the construction of the first VLCCs at the new King Salman Complex for International Maritime Industries (IMI) and...
Wednesday, November 7, 2018
Saudi Tanker Company Bahri Targets Acquisitions in Asia, Middle East
By Marwa Rashad RIYADH, Nov 7 (Reuters) – Saudi Arabia’s Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi...
Monday, July 18, 2016
Sunday, April 3, 2016
Sunday, January 17, 2016
Saudi Tanker Company Bahri Posts Huge Q4 Profit Jump
DUBAI, Jan 17 (Reuters) – National Shipping Company of Saudi Arabia (Bahri) reported a huge jump in fourth-quarter net profit on Sunday, citing a rise in revenue after the completion...
Thursday, October 8, 2015
Monday, July 13, 2015
Wednesday, July 1, 2015
Bahri Returns to Hyundai Samho for Five More VLCCs
The National Shipping Company of Saudi Arabia, aka Bahri, has returned to South Korea’s Hyundai Samho Heavy Industries for five newbuild Very Large Crude Carriers. [contextly_sidebar id=”vWfXi6e5HTn4UsHTKJ8KGB5DK9jNwbwb”]Bahri signed the...
Thursday, April 9, 2015
Saudi Arabian Tanker Owner Doubles Quarterly Profit
Bahri, the maritime shipping arm of Saudi Aramco reports today net profits from their operations have increased by 104 percent from the corresponding quarter last year to 399 million riyals...
Wednesday, April 8, 2015
Bahri Signs Long Term Crude Oil Shipping Deal with South Korea
National Shipping Company of Saudi Arabia (Bahri) has agreed with South Korea's S-Oil Corp to ship crude oil cargoes from the third quarter of this year.
Wednesday, March 4, 2015
Saudi Shipper Bahri Plans $1 Billion Financing Round, Open to Acquisitions
"We are reviewing our strategy. We are inclined more to acquiring ships (than other companies)"
Sunday, June 22, 2014
Saudi Shipper Bahri Plans Long-Term Financing to Replace Vela Aquisition Debt
National Shipping Co of Saudi Arabia (Bahri) plans to arrange long-term sharia-compliant financing in the next year to replace a bridge loan backing its $1.3 billion acquisition of Saudi Aramco's marine unit, it said on Sunday.
Tuesday, August 20, 2013
Bahri Signs MoU With Aramco, Sembcorp Marine For New Saudi Shipyard
DUBAI, Aug 20 (Reuters) – The National Shipping Company of Saudi Arabia (Bahri) has signed a memorandum of understanding with Saudi Aramco and Singapore’s Sembcorp Marine to conduct a feasibility...
Thursday, May 2, 2013
Saudi Arabian Shipper Expands Fleet with Latest Delivery from Hyundai Mipo
The National Shipping Company of Saudi Arabia (Bahri) announced yesterday that it has accepted delivery of the Bahri Hofuf, a 26,000 DWT general cargo ship built by Hyundai MIPO in South...
Monday, March 18, 2013
Saudi Oil Shipper Bahri Eyes Islamic Bond Issue To Fund Acquisition of Vela
DUBAI, March 17 (Reuters) – National Shipping Co of Saudi Arabia (Bahri) is considering a debut Islamic bond issue to help refinance debt taken on for its $1.3 billion acquisition...
Tuesday, November 6, 2012
$1.3 Billion Merger Deal Signed, Vela and Bahri to Combine Tanker Fleets
At the end of June, the National Shipping Company of Saudi Arabia (Bahri) announced plans to merge with Saudi ARAMCO’s shipping arm, Vela International, and as of Sunday 4 November,...
Sunday, October 21, 2012
Saudi Arabian Shipping Giants Consolidate in $1.3 Billion Deal
On Saturday, The National Shipping Company of Saudi Arabia, Bahri, announced that it had closed a merger agreement worth upwards of USD $1.3 billion with Saudi Aramco and Vela International Marine...
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