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Bahri News

Crew fatality on board NCC SAFA at Amsterdam anchorageCrew fatality on board NCC SAFA at Amsterdam anchorageSaudi tanker off Ijmuiden Netherlands, 1 crew killed, 1 badly injured STATEMENT22 April 2022 Friday 11:44
2nd eco-friendly bulker newbuild joins Bahri's fleet2nd eco-friendly bulker newbuild joins Bahri's fleetSaudi Arabian transportation company Bahri has taken delivery of its new dry-bulk carrier Alanood, making it the second newbuild vessel to join the company’s market-leading fleet this year.07 September 2020 Monday 12:00
Bahri inks agreement with Tabadul to implement Fasah PayBahri inks agreement with Tabadul to implement Fasah PayThe agreement was signed on Thursday 13 August during a virtual ceremony in the presence of Eng. Abdullah Aldubaikhi, CEO of Bahri, and Abdulaziz Alshamsi, CEO of Tabadul, together with senior officials from both parties.26 August 2020 Wednesday 17:40
Bahri orders 10 chemical tankers for $410m from HMDBahri orders 10 chemical tankers for $410m from HMDBahri has inked a $410m agreement with Hyundai Mipo Dockyard (HMD) for 10 chemical tanker newbuildings.22 August 2020 Saturday 11:00
Bahri Puts LNG Tanker Plan on Hold, Sources SayBahri Puts LNG Tanker Plan on Hold, Sources SaySaudi Aramco’s shipping division Bahri has put on hold plans to charter up to 12 liquefied natural gas (LNG) tankers after Sempra Energy delayed its decision on whether to proceed with an LNG export project in Texas, two sources said.22 May 2020 Friday 15:35
Bahri’s Q1 2020 earnings soar amid higher ratesBahri’s Q1 2020 earnings soar amid higher ratesThe world’s largest owner and operator of very large crude oil carriers (VLCCs) Bahri reported a massive jump of 133.77 percent in its profit for the first quarter of 2020 despite COVID-19 challenges.24 April 2020 Friday 11:59
Tanker Rates Surge after Bahri’s Surprising ChartersTanker Rates Surge after Bahri’s Surprising ChartersSaudi Arabia’s decision to flood the oil markets with up to 12.3 million b/d of crude oil, followed by reports of Bahri’s rare move to charter up to 19 supertankers, has sent daily freight rates for Very Large Crude Carriers (VLCC) skyrocketing.12 March 2020 Thursday 13:00
Report: Bahri Linked to Charter of LNG CarriersReport: Bahri Linked to Charter of LNG CarriersThe 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) tankers from 2025, Reuters writes citing industry sources.09 December 2019 Monday 14:44
Bahri’s Earnings Grow in 3rd QuarterBahri’s Earnings Grow in 3rd QuarterOwner and operator of very large crude carriers Bahri witnessed a surge in its earnings in the third quarter ended September 30, 2019.22 October 2019 Tuesday 15:44
Saudi Arabia’s International Maritime Industries Inks VLCC Order With Bahri, HHISaudi Arabia’s International Maritime Industries Inks VLCC Order With Bahri, HHIaudi Arabia’s International Maritime Industries (IMI) has signed a vessel purchase agreement (VPA) with the National Shipping Company of Saudi Arabia (Bahri) and a subsequent sub-contract agreement with South Korean shipbuilder Hyundai Heavy Industries18 September 2019 Wednesday 12:1
Saudi Shipper Bahri to Seek Acquisitions in AsiaSaudi Shipper Bahri to Seek Acquisitions in AsiaSaudi Arabia’s Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco seeks to expand its reach, the chief executive said on Wednesday.08 November 2018 Thursday 11:40
Bahri Adds New VLCC KhuraisBahri Adds New VLCC KhuraisNational Shipping Company of Saudi Arabia (Bahri) has taken delivery of Khurais, a very large crude carrier (VLCC), from Korean Hyundai Samho Heavy Industries (HSHI).12 April 2018 Thursday 15:29
Bahri Adds VLCC 'Lawhah' to its FleetBahri Adds VLCC 'Lawhah' to its FleetThe National Shipping Company of Saudi Arabia (Bahri) received a very large crude carrier (VLCC) named “Lawhah” on Thursday, the company said.02 February 2018 Friday 17:14
Public Transport Authority raises the Saudi flag on Bahri’s VLCC RimthanPublic Transport Authority raises the Saudi flag on Bahri’s VLCC RimthanThe Public Transport Authority (PTA) has raised the Saudi flag on Rimthan, one of the latest VLCCs (Very Large Crude Carrier) received and owned by Bahri, a global leader in transportation and logistics.10 October 2017 Tuesday 11:04
Saudi shipper Bahri sees VLCC market improving by Q4Saudi shipper Bahri sees VLCC market improving by Q4Saudi Arabia’s Bahri, the exclusive oil shipper of Saudi Aramco, expects supertanker rates to stabilise at slightly better levels going into the fourth quarter, the vice president for commercial and operations of its oil business said.23 September 2017 Saturday 16:45
Bahri’s New Ro-Ro Ship Calls New OrleansBahri’s New Ro-Ro Ship Calls New OrleansThe Port of New Orleans welcomed the return of roll-on, roll-off service with the inaugural call of the Bahri Yanbu, a new state-of-the-art multipurpose vessel, in mid-August at the Nashville Avenue Terminal Complex operated by Ports America.08 September 2017 Friday 13:46
Bahri Dry Bulk signs for four newbuilds at Hyundai MipoBahri Dry Bulk signs for four newbuilds at Hyundai MipoSaudi Arabia's Bahri has announced that its dry bulk unit Bahri Dry Bulk has signed contracts with Hyundai Mipo Dockyard for newbuild four bulk carriers valued at $120m.28 August 2017 Monday 17:16
Bahri Adds 38th VLCCBahri Adds 38th VLCCThe National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Maharah, a 300,000 dwt very large crude carrier (VLCC), from South Korean shipbuilder Hyundai Heavy Industries (HHI).12 June 2017 Monday 17:30
Saudi Aramco and Bahri head joint-venture with Lamprell and Hyundai Heavy Industries for building largest shipyard in the Middle EastSaudi Aramco and Bahri head joint-venture with Lamprell and Hyundai Heavy Industries for building largest shipyard in the Middle EastDubai shipbuilding company Lamprell, specializing in servicing the offshore industry, signed an agreement with Saudi Aramco,03 June 2017 Saturday 16:28
Bahri, HHI Partner Up on Big DataBahri, HHI Partner Up on Big DataThe National Shipping Company of Saudi Arabia (Bahri) has signed a Memorandum of Understanding (MoU) with the South Korean shipbuilder Hyundai Heavy Industries (HHI) for cooperation in the field of big data.08 May 2017 Monday 17:40
Lower Spot Market Rates Affect Bahri’s EarningsLower Spot Market Rates Affect Bahri’s EarningsAffected by lower spot market rates in general seen during the first three months of 2017, the National Shipping Company of Saudi Arabia (Bahri) reported a drop of 38.1 percent in its net profit for the period.05 May 2017 Friday 11:00
37 Bahri Ships to Fly Saudi Arabia’s Flag37 Bahri Ships to Fly Saudi Arabia’s FlagNational Shipping Company of Saudi Arabia (Bahri) revealed plans to re-flag 32 of its very large crude tankers (VLCCs) and five of its mid-size carriers under the domestic flag by the end of 2017.19 April 2017 Wednesday 12:40
Bahri, Bunge Enter Dry Bulk Shipping JVBahri, Bunge Enter Dry Bulk Shipping JVBahri Dry Bulk Company (BDB), a subsidiary of Bahri, has signed an agreement with the Dutch firm Koninklijke Bunge B.V. (Bunge) aimed at establishing a joint venture to charter vessels for dry bulk shipping.23 February 2017 Thursday 13:04
Bahri Expands Presence in IndiaBahri Expands Presence in IndiaNational Shipping Company of Saudi Arabia (Bahri) has opened a new office in Mumbai to strengthen its presence in the Indian maritime industry.21 February 2017 Tuesday 11:25
Bahri Profits FallBahri Profits FallNational Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, made a net profit of 327.8 million riyals ($87.4 million) for the three months to Dec. 31. That compares with 566.4 million riyals in the fourth quarter of 20120 January 2017 Friday 14:30
Bahri’s Profit Down amid Weak Spot RatesBahri’s Profit Down amid Weak Spot RatesNational Shipping Company of Saudi Arabia (Bahri) has reported that its net profit for the quarter ended December 31, 2016, plunged by 42 percent, compared to the same period a year earlier.17 January 2017 Tuesday 13:00
Bahri gets $133m to buy chemical tankersBahri gets $133m to buy chemical tankersNational Chemical Carriers (NCC), part of Saudi Arabia’s National Shipping Company (Bahri), has secured $133.2m in Islamic financing, which will be used to purchase five chemical tankers.15 August 2016 Monday 16:33
Bahri gets financing fixed for another 15 VLCCsBahri gets financing fixed for another 15 VLCCsNational Shipping Company of Saudi Arabia (Bahri) has teamed up with Arab Petroleum Investments Corp (APICORP) to launch a $1.5bn investment fund that could buy up to 15 VLCCs, putting the Saudi owner firmly at the top of the global VLCC ownership ranks.18 July 2016 Monday 14:20
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