Saudi Arabian shipowner Bahri’s fleet of VLCCs has increased to 38 with the delivery of its latest newbuilding from Hyundai Heavy Industries (HHI).
Saudi shipowner Bahri and shipbuilder Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MoU) on cooperation in big data and technical innovation.
The National Shipping Company of Saudi Arabia (Bahri) saw its first quarter net profit fall by 38% in the first quarter of 2017 hit by lower spot rates.