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 say is a highly unusual step for the company. National Shipping Co., also known as Bahri, has...
Bahri
Bahri Reports 172 Pct Profit Jump in Q4 2019
Saudi Arabian company Bahri wrapped up Q4 2019 with a 172.48 percent net profit surge.
https://worldmaritimenews.com/archives/290378/bahri-reports-172-pct-profit-jump-in-q4-2019/
Bahri Boosts Presence in India
Bahri Jeddah will call regularly at Kamarajar Port and on an inducement basis at Chennai International Terminal.
https://worldmaritimenews.com/archives/288968/bahri-boosts-presence-in-india/
Bahri Joins Maritime Anti-Corruption Network To Promote Collective Anti-Bribery Efforts
Bahri, a global leader in logistics and transportation, has become an official member of the Maritime Anti-Corruption Network (MACN), a global business network of over 110 companies working together to tackle corruption in the maritime industry.
Bahri’s membership underlines its commitment to contribute to advancing a culture of integrity in the maritime sector.
Bahri’s decision to join MACN supports Saudi Arabia’s ongoing commitment to zero tolerance of corruption at all levels, as directed in...
Report: Bahri Linked to Charter of LNG Carriers
The world’s largest owner and operator of very large crude oil carriers (VLCCs) Bahri has reportedly issued an expression of interest (EOI) to charter up to 12 liquefied natural gas (LNG)…
https://worldmaritimenews.com/archives/287630/report-bahri-linked-to-charter-of-lng-carriers/
Bahri’s Earnings Grow in 3rd Quarter
Net profit jumped to USD 39.1 million in the third quarter of 2019 from USD 21.6 million seen a year earlier.
https://worldmaritimenews.com/archives/285098/bahris-earnings-grow-in-3rd-quarter/
Bahri Signs VLCC Order With IMI And HHI To Promote Indigenous Shipbuilding In Saudi Arabia
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...
Saudi Arabia’s International Maritime Industries Inks VLCC Order With Bahri, HHI
International Maritime Industries signs a VLCC order with Bahri and HHI.
Bahri Orders First VLCCs from IMI
Bahri places debut VLCC order with International Maritime Industries.
https://worldmaritimenews.com/archives/279322/bahri-orders-first-vlccs-from-imi/
Bahri’s Profit Jumps amid Higher Shipping Rates
Bahri delivered a 45 percent stronger net profit in the first quarter of 2019.
https://worldmaritimenews.com/archives/275528/bahris-profit-jumps-amid-higher-shipping-rates/