Bahri exercises options for five VLCCs at Hyundai Samho

Bahri exercises options for five VLCCs at Hyundai Samho

Dalian: The National Shipping Company of Saudi Arabia (Bahri) has announced that it has signed a contract with Hyundai Samho Heavy Industries to exercise options for five VLCCs.

Bahri signed a deal with Hyundai Samho Heavy Industries in May to build five VLCCs with options for five more. All the ships will be delivered in 2017.

Bahri said the 300,000 dwt vessels were part of a “continuous renewal of the current fleet to meet the needs of the local and global markets”.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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