The National Shipping Company of Saudi Arabia, Bahri, has confirmed the death of one crew member and the serious injury to another in an incident on board chemical tanker NCC SAFA.
Bahri, the national shipping carrier of Saudi Arabia, has signed a memorandum of understanding (MoU) with compatriot mining company Ma’aden to strengthen its logistics sector ties.
The tanker shipping market has enjoyed an unexpectedly strong week, with a dramatic fixing binge by Saudi Arabia’s Bahri pushing up rates to around $250,000 a day.