23/01/2018 09:34 AST

Bahri announces that it has received On Monday 22 January 2018 G a new VLCC that was named (Kassab). The newly received VLCC is one of the 5 VLCCs that were financed by Standard Chartered Bank, Arab National Bank, National Bank of Abu Dhabi and Bank Albilad according to Bahri announcement at Tadawul on 30 November 2016. The commercial operation of Kassab is expected to be in March 2018. The financial impact of the new VLCC is expected to be in the first quarter of 2018.


Tadawul

Bahri gets $96m funding for 4 new bulk carriers

11/01/2018

Bahri Dry Bulk, a business unit of global logistics leader Bahri, has secured a Sharia-compliant funding of SR360 million ($96 million) from Saudi Arabia-based Bank Albilad to finance the purchase of

Trade Arabia

Bahri announces its intention to sell part of its stake in Petredec

12/11/2017

The National Shipping Company of Saudi Arabia (Bahri) announces the commencement of the process to sell part of its 30.3% stake in Petredec Limited, a company based in Bermuda specialized in transpor

Tadawul

Bahri reinforces 30 years of operation in North America

19/10/2017

Bahri, a global leader in transportation and logistics, took part in Breakbulk Americas which is taking place in Houston, Texas, from Oct.17-19, reinforcing its position through its three-decade-long

Saudi Gazette

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Aramco CEO among business leaders urged by China's Xi to protect trade as Trump tariffs loom

29/03/2025

China's President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese econo

Reuters

Qatar Islamic Insurance Group AGM proposes cash dividend of 50% of paid-up capital

28/03/2025

Qatar Islamic Insurance Group convened its Annual General Assembly Meeting for the year 2024, yesterday. The Board proposed to the assembly distribution of cash dividends of 50% of the paid-up capita

The Peninsula

Innovation, collaboration key to sustainable growth: Sabic CEO

28/03/2025

Sabic, a global leader in diversified chemicals, today (Martch 27) reaffirmed its advocacy for sustainable growth through innovation and collaboration at the Boao Forum for Asia (BFA)'s Annual Confer

Trade Arabia

AD Ports, Oylz in deal to set up petchem facility in Khalifa Port

28/03/2025

AD Ports, a leading facilitator of global trade, logistics, and industry, has announced the signing of a 50- year agreement with Oylz Terminals, a UAE based oil supply and distribution provider to de

Trade Arabia

Modon, Elsewedy to launch new industrial zone in Egypt

28/03/2025

Modon Holding, an Abu Dhabi-based holding company, and Elsewedy Industrial Development, one of Egypt's leading integrated industrial and logistics cities developers, have signed a letter of intent (L

Trade Arabia