Tanker giant Bahri is reflagging its 37-strong VLCC fleet to the Saudi Arabian registry. The entire fleet switch will take place before the end of this year, the Saudi tanker firm said in a statement.
Ibrahim Al-Omar, Bahri Group CEO, said, “Bahri is committed to contributing to the enrichment and diversification of the national economy and the enhancement of the kingdom’s position on the transportation and logistics industry map, regionally and globally. The registration of 37 VLCCs by the end of 2017 under the Saudi flag will enhance Bahri’s global ranking in the International Maritime Organization’s rank lists and will increase the size and efficiency of the Saudi maritime fleet.”
