The National Shipping Company of Saudi Arabia (Bahri) received today, 30th April 2013 in South Korea, a new vessel specialized in general cargo with a size of 26,000 DWT. The ship was named Bahri Hofuf and it was built by Hyundai MIPO in South Korea. This is the second vessel delivered from the six vessels [...]
April 30, 2013 | Posted in
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The National Shipping Company of Saudi Arabia (Bahri) announces that, in connection with the fleet replacement program for the general cargo, on Saturday 23rd March 2013, the Company sold its general cargo vessel (Saudi Diriyah) for scrapping after completing her useful life for a sum of SAR. 30,257,136, generating a net gain of SAR 19,523,391 [...]
The National Shipping Company of Saudi Arabia (Bahri) announced that it received its first newly built Roll-on/Roll-off Container (RoCon) vessel named Bahri Abha from Hyundai MIPO on 5th of February 2013 in South Korea. This is the first of six sophisticated vessels that Bahri contracted Hyundai MIPO to build it in order to replace the existing [...]
February 5, 2013 | Posted in
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The National Shipping Company of Saudi Arabia (Bahri) announces that its 80% owned subsidiary company National Chemical Carriers Ltd. Co. has decided to cancel a shipbuilding contract for one chemical tanker (NCC Bader) due to the delay in delivery beyond the agreed date in the shipbuilding contract. According to the contract signed with ShinaSB Yard [...]
December 26, 2012 | Posted in
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The National Shipping Company of Saudi Arabia (Bahri) announced that the company will sign a Murabaha financing agreement with Public Investment Fund (PIF), yesterday, Tuesday 3rd July 2012 to finance part of the total construction cost of building two General Cargo vessels at Hyundai Mipo Dockyard (HMD) in South Korea. The value of the financing [...]
The National Shipping Company of Saudi Arabia (BAHRI) signed an agreement on Tuesday the 17th April 2012 to build (5) Kamsarmax vessels to transport dry bulk cargo. These vessel are of 82,000 DWT, length 229 meters, with modern fuel saving technologies and latest equipment to operate environment friendly. These vessels are expected to be delivered [...]