Saudi shipping company Bahri has awarded International Maritime Industries a contract worth about $451 million for three 320,000-dwt very large crude carriers. Delivery is scheduled in batches between 2029 and 2030.
Saudi Arabia’s National Shipping Company, Bahri, has signed a SAR 1.69 billion contract, valued at approximately $451 million, with International Maritime Industries (IMI) for the construction and delivery of three very large crude carriers. Each vessel will have a deadweight capacity of about 320,000 tonnes.
Source:
zawya.comShare this article
Related news
Crude tanker rates enter correction after Hormuz-driven “super spike”
Crude tanker freight rates are retreating after reaching a peak in early October, but geopolitical risk, longer voyages and constrained vessel availability continue to support a volatile market.
Global container rates rise for a third consecutive week amid geopolitical uncertainty
The Shanghai Containerized Freight Index reached 3,681.34 points, extending a three-week recovery. The modest increase reflects continued pressure on available capacity and uncertainty across major sea lanes.
Chinese shipyards see order surge, LNG delivery slots extend to 2031
Chinese shipbuilders are reporting a sharp increase in new orders and sustained capacity pressure, particularly for LNG carriers. Some delivery positions are already scheduled as late as 2031.