rss icon Subscribe
desktop mobile

32 VLCCs to Fly Saudi Arabia’s Flag

Photo: National Shipping Company of Saudi Arabia (Bahri)

By Aiswarya Lakshmi

The National Shipping Company of Saudi Arabia (Bahri) said that the Public Transport Authority (PTA) has completed the registration of Amjad, a Very Large Crude Carrier (VLCC) owned and operated by Bahri, under the flag of Saudi Arabia.

The announcement comes as part of Bahri's plans to register all of its 37 VLCCs by the end of 2017, and falls in line with the remarkable shift and growth the transportation sector in the Kingdom has witnessed in the recent past.
This also marks another achievement for PTA as an initiative completed as part of its national transformation program.
Ibrahim bin Abdul Rahman Al Omar, Bahri's CEO, said that the registration of the company's 37 VLCCs under Saudi Arabian flag is aimed at enhancing the Kingdom's position in the International Maritime Organization's (IMO) global rank lists and at increasing the size and efficiency of the Saudi maritime fleet.
Presently, Bahri Oil Transportation commercially manages a total of 37 VLCCs, four MRs and one Aframax. Each VLCC has the capacity to carry 2.2 million barrels with a fleet DWT of approximately 11.3 million tonnes. This makes Bahri one of the largest VLCC owners/operators globally.

Apr 19, 2017

 

Classification Societies

BIMCO Relaunches Ship Benchmarking System

Photo: BIMCO

BIMCO relaunches ship benchmarking system Shipping KPI after two years of redesign.

IMO to Ban Ships without Scrubbers from Carrying High Sulphur Fuel

© Giuseppe Elio Cammarata / Adobe Stock

The International Maritime Organization intends to ban ships that do not have equipment to strip

World’s First LNG-fueled Bulk Carrier Delivered

Photo: Lloyd's Register

Hyundai Mipo Dockyard (HMD) and ILSHIN LOGISTICS delivered the world’s first LNG-fueled bulk

Logistics

Dry Bulk Market Looks Up: J. Lauritzen

Lauritzen Bulkers. Photo:  J. Lauritzen

Both the dry bulk market and the market for small gas carriers are anticipated to benefit from

CMA CGM Plans Multi-Temperature Logistics Facility at DP World

Photo: CMA CGM

CMA CGM, a world leader in maritime transport, is to take a long-term lease and invest in a

PIL, PSA, IBM Conclude Successful Blockchain Trial on Chongqing-Singapore Route

Image:  Pacific International Lines Pte Ltd

Singapore’s Pacific International Lines (PIL), port operator PSA International, and technology

Maritime Apps