-+ 0.00%
-+ 0.00%
-+ 0.00%
Bahri Secures SAR1.7 Billion Order for Crude Carriers
Share
Listen to the news
03:53 AM EDT, 10/25/2026 (MT Newswires) -- The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, entered into a ship supply contract worth 1.69 billion Saudi riyals with 19.9%-owned International Maritime Industries. The Saudi Arabian shipping company said Sunday that International Maritime Industries will develop and supply three very large crude carriers, which will have a deadweight tonnage of 320,000 each. Bahri noted that the new vessels, which will be received in batches from 2029 to 2030, will support its fleet modernization and expansion plans.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending