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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IHGS 4.20 344,581
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EMPOWER 1.72 2,453,394
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Aldar raises $2.45bn in sustainability-linked credit facility

13/01/2025

Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international

The National

Ooredoo board announces appointment of Sheikh Nasser bin Hamad al-Thani as Ooredoo Kuwait chairman

12/01/2025

Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.

Most recently, Sheikh Nasser was appointed as Group Regional CEO for th

GWC plans to further strengthen presence in key regional markets

11/01/2025

One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos

Gulf Times

Almarai successfully deploys SAP solutions to power strategic expansion

11/01/2025

Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m

Saudi Gazette

Elm enhances brand identity by introducing 'Human, Ambition and Technology' elements

05/01/2025

Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro