Bahri and IMI Sign SAR 1.692 Billion Contract for Three Newbuild VLCCs

AI Summary

Saudi shipping company Bahri and International Maritime Industries signed a SAR 1.692 billion contract to build three very large crude carriers. The vessels will be constructed at IMI’s shipbuilding facility in Saudi Arabia.

Bahri, a global leader in transportation and logistics, and International Maritime Industries (IMI), the largest integrated maritime facility in the MENA region, have signed a contract for the construction of three Very Large Crude Carriers (VLCCs) at IMI’s facility in Saudi Arabia, in conjunction with the Saudi Maritime & Logistics Congress. Under the agreement, valued ...