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 2019 >>
MTWTFSS
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 1 2 3

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year…

read more >

GREENTECH IN SHIPPING GLOBAL FORUM

The mindset of sustainability and efficiency is the key to unlocking successful business…

read more >

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >