Bahri receives a Very Large Crude Carrier

Posted by Daily Shipping Times on 27-10-2017        Tweet

RIYADH: Bahri announces that it has received 26 October 2017 a new VLCC that was named (Shaden).

The newly received VLCC is one of the 5 VLCCs that were financed by Riyad Bank according to Bahri announcement at Tadawul on 03 April 2016.

The commercial operation of Shaden is expected to be in December 2017. The financial impact of the VLCC is expected to be in the fourth quarter of 2017.