Bahri Expands Fleet with Another VLCC

Business & Finance

National Shipping Company of Saudi Arabia (Bahri) has taken delivery of the very large crude carrier (VLCC) Rimthan, built by Hyundai Samho Heavy Industries (HSHI) in South Korea.

The 300,000 dwt carrier joins the company’s 40-strong VLCC fleet. Built to the latest environmental and fuel-efficient technical specifications, the ship was handed over to Bahri during a delivery ceremony held at HSHI’s Mokpo shipyard in South Jeolla Province, South Korea.

Rimthan is the fourth VLCC to join the Bahri fleet this year, following the delivery of Amjad, Maharah, and Aslaf.

“Rimthan is the fourth VLCC that Bahri has received from HHI Group this year with another six vessels on order and to be delivered over the next year and a half,” Saleh Al-Debasi, Board Member, Bahri, said.

“The addition of Rimthan is yet another step toward strengthening our leadership in the global oil transportation industry,” Ali Al-Harbi, Acting CEO, Bahri, said.

Bahri Oil will be responsible for the commercial operation of Rimthan. Bahri is set to further expand its oil tanker fleet with the addition of Shaden, its 41st VLCC, towards the end of October 2017.