Bahri Adds 38th VLCC

Bahri The National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Maharah, a 300,000 dwt very large crude carrier (VLCC), from South Korean shipbuilder Hyundai Heavy Industries (HHI).  The newbuilding was handed over to Bahri during a delivery ceremony held at HHI Mokpo shipyard in South Jeolla Province, South Korea, on June 12. The addition of Maharah further strengthens our position as the worlds largest owner and operator of VLCCs We celebrate this important milestone only months after accepting delivery of our 37th VLCC Amjad earlier this year in February. In current times, fleet growth is critical to offsetting low spot market rates, and the timing of this delivery could not have been better, Ahmed Ali Al-Subaey, Bahris Board Member, commented on the occasion. More to follow soon