Bahri Dismisses Reports of Breaching Venezuela Sanctions

Bahri VLCC

Bahri dismissed reports that one of its very large crude carriers was breaching U.S. sanctions on Venezuela.

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Non-Operating Activities Damage Bahri's Profit

VLCC Hilwah

Bahri's revenue surged in 4Q 2018, while net profit deflated due to a decrease in non-operating activities.

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Bahri CEO: 2020 and 2021 Will Be Golden Years

Tanker

Aldubaikhi told Reuters that better days are coming for the industry as of next year.

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Higher Rates Push Bahri's Profit Up

Tanker

Bahri delivered a stronger net profit in the third quarter of 2018, driven by higher spot market rates.

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Aramco Resumes Oil Shipments through Bab-El-Mandeb Strait

VLCC

Saudi Aramco has resumed oil shipments through Bab-El-Mandeb Strait.

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Aramco Halts Oil Shipments through Bab El-Mandeb

tanker

Saudi Aramco has suspended all oil shipments through Bab El-Mandeb following yesterday's attack on two VLCCs.

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Fleet Expansion Pushes Bahri's Income Up

Money

Bahri's net income increased in the second quarter of 2018 due to improved performance and fleet expansion.

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46th VLCC Joins Bahri’s Fleet

Amad VLCC

Bahri takes delivery of the final vessel from a series of ten VLCCs ordered from Hyundai Samho Heavy Industries.

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Bahri Grows Fleet with New VLCC

VLCC

Bahri has taken delivery of Khurais, a very large crude carrier, from Korean Hyundai Samho Heavy Industries.

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Bahri Ships 1st Saudi Aramco Chemical Cargo

Bahri

Bahri is transporting the first chemical shipment from Aramco Trading Company (ATC), a subsidiary of Saudi Aramco. 

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Tanker Attacked by Houthis Yesterday Identified

MT Abqaiq crude oil carrier

EU NAFOR confirms the attack on Saudi oil tanker, identifies the vessel.

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Construction Work Begins on Saudi Arabia's Maritime Yard

The construction process on Saudi Arabia's new maritime yard has officially begun.

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Bahri, Suez Canal Authority Strengthen Maritime Ties

Bahri and Suez Canal Authority have decided to further support the maritime transport between Saudi Arabia and Egypt.

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Bahri Sees Profit Drop in 2017

Bahri reports a net income of SAR 800.3 million in 2017, down by 53.4% from the previous year's SAR 1.7 billion.

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Big Reveal of New Saudi Arabian JV Yard at Posidonia 2018

Saudi Aramco, Lamprell, Bahri and HHI to unveil its IMI joint venture at this year's Posidonia.

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Bahri Welcomes 43rd VLCC to Its Fleet

Bahri has taken delivery of Lawhah, the second VLCC fleet addition since the beginning of this year. 

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Bahri Adds New VLCC to Its Fleet

Bahri took delivery of the new very large crude carrier (VLCC) Kassab on January 22.

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Bahri Dry Bulk Secures Funds for Newbuilding Quartet

Bahri Dry Bulk has secured a funding of USD 96 million from Bank Albilad to finance the purchase of four new bulkers. 

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Saudi Arabia's New Maritime Yard JV Launched

Saudi Aramco, HHI, Bahri, and Lamprell Plc launch their International Maritime Industries joint venture.

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New CEO Taking Helm at Bahri

Bahri has appointed Abdullah Aldubaikhi as the company’s new Chief Executive Officer, effective January 1, 2018.

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Saudi Flag Raised on Bahri’s Fifth VLCC Newbuild

Saudi Arabia’s Public Transport Authority (PTA) has raised the country’s flag on Shaden, a very large ...

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