Bahri to Add Two Second-Hand VLCCs

The Board of National Shipping Company of Saudi Arabia (Bahri) has approved the purchase of two second-hand very large crude carriers (VLCC) for a price tag of USD 155 million.

In a stock exchange statement, Bahri said the vessels, Voss Spirit and Hemesdal Spirit, will be acquired from Alpha and Beta VLCC LLC, a subsidiary of Tanker Investment Ltd.

The VLCCs, built in 2010 at South Korean Daewoo Shipbuilding, are expected to join Bahri’s fleet between January 14 and February 1, 2016.

Bahri added that the financial impact of the purchase is expected during the first quarter of 2016.

As World Maritime News reported, the company bought two second hand VLCCs in October, namely, Blue Topaz and Blue Pearl, from DSME’s shipowning arm DK Maritime for a price of USD 157 million.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >