Bahri, a global leader in logistics and transportation, announced it has signed a Vessel Purchase Agreement (VPA) with International Maritime Industries (IMI) and a subsequent sub-contract agreement with its long-term partner Hyundai Heavy Industries (HHI) to build of a 319,000 DWT Very Large Crude-oil Carrier (VLCC) with delivery expected in October 2021.
Other agreements signed will ensure all parties pursue a series of long-term business activities, whether jointly or severally on the basis...