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Bahri plans to expand in Asia-Pacific market

Bahri, the National Shipping Company of Saudi Arabia announced its plans to expand its presence in the Asia-Pacific (APAC) region market. The decision follows the company’s long term strategy to expand. The announcement was made at a ceremony that took place in Singapore in April.

Bahri replies to accusations of breaching Venezuela sanctions

Saudi Arabia’s tanker owner Bahri has dismissed reports that one of its very large crude carriers (VLCCs) was breaching U.S. sanctions on Venezuela. ‎The company reports that the cargo, they’re accused of, was contracted on January 9, 2019, well before the U.S. sanctions were imposed against Venezuela on January 28, 2019. The company’s 303,000 dwt oil tanker Abqaiq is on its way from the Red Sea to pick up a cargo from the ‎Port of Jose ‎Terminal in Venezuela for one of its Indian customers.

Bahri adds another VLCC to fleet

The National Shipping Company of Saudi Arabia announced that it has received a new Very Large Crude Carrier. The ship was christened ‘Lawhah’, at a naming ceremony at the South Korean Hyundai Samho Heavy Industries Mokpo shipyard in South Jeolla Province, on Thursday 1st of February 2018.

Bahri Dry Bulk to acquire four new bulk carriers

This is part of an agreement signed by Bahri‎ in 2017 with Hyundai Mipo Dockyard. The credit facility will be used to finance 80% of the agreement, which was concluded on 27 August 2017. Bahri has also provided all the necessary guarantees for obtaining the loan, including a pledge of the four carriers upon delivery.

Saudi Aramco, partners launch shipyard joint venture

Saudi Aramco and its partners, Lamprell Plc, Bahri, and Hyundai Heavy Industries, officially launched a shipyard joint venture to be one of the largest full-service maritime facilities in 2022. The International Maritime Industries localizes essential links for Saudi Aramco’s supply chain related to offshore drilling and shipping activities.

HHI to build four “green” bulk carriers for Bahri

On Friday 25 August, the National Shipping Company of Saudi Arabia announced that its subsidiary, Bahri Dry Bulk Company, signed contracts with Hyundai Heavy Industries to build four environmentally friendly bulk carriers.

Bahri relying on Big Data to enhance productivity

Bahri has rolled out a series of initiatives aimed at harnessing the power of “Data Innovation” to enhance productivity, unlock opportunities for growth and transform existing operations model in the shipping industry.

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