Saudi shipping company Bahri agrees to buy nine VLCCs for $1 bil

Saudi shipping company Bahri has agreed to buy nine “modern eco scrubber” VLCCs for about $1 billion, with the first deliveries of the very large crude carriers expected before the end of the first quarter of 2025. The seller, Greece-based Capital Maritime & Trading, will deliver the VLCCs in “multiple batches” as Bahri’s fleet is modernized, Bahri said in an…Saudi shipping company Bahri has agreed to buy nine “modern eco scrubber” VLCCs for about $1 billion, with the first deliveries of the very large crude carriers expected before the end of the first quarter of 2025. The seller, Greece-based Capital Maritime & Trading, will deliver the VLCCs in “multiple batches” as Bahri’s fleet is modernized, Bahri said in an…Read More