Bahri readies LNG tanker entry

Bahri readies LNG tanker entry

Reuters is reporting that Bahri, the shipping subsidiary of Saudi Aramco, is about to enter the LNG trades, issuing an expression of interest (EOI) to charter up to 12 LNG carriers from 2025.

Bahri’s diverse fleet today of 90 vessels includes crude, chemical and product tankers as well as some dry bulk carriers.

Saudi Aramco is keen to develop its own gas resources as well as buying overseas assets.

In May, it signed a 20-year agreement to buy LNG from a forthcoming export terminal in Port Arthur, Texas.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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