Saturday 25 April 2015
 
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Bahri confirms Q1 net profit doubles

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Aramco, said its first-quarter net profit more than doubled, broadly reaffirming the estimated earnings issued last week. The company's net profi

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Saudi shipper Bahri in deal with Korea's S-Oil

National Shipping Company of Saudi Arabia (Bahri) has agreed with South Korea's S-Oil Corp to ship crude oil cargoes from the third quarter of this year. Under the 10-year contract, Bahri will ship the oil on very large crude

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Saudi shipper Bahri in deal with Korea's S-Oil

National Shipping Company of Saudi Arabia (Bahri) has agreed with South Korea's S-Oil Corp to ship crude oil cargoes from the third quarter of this year. Under the 10-year contract, Bahri will ship the oil on very large crude

More…

Bahri Q1 net profit more than doubles

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, more than doubled its first-quarter net profit, according to a statement released today. The company's profit for the three months

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Bahri Q1 net profit more than doubles

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, more than doubled its first-quarter net profit, according to a statement released today. The company's profit for the three months

More…

Bahri enters crude shipping deal with S-Oil

National Shipping Company of Saudi Arabia (Bahri) has agreed with South Korea's S-Oil Corp to ship crude oil cargoes from the third quarter of this year. Under the 10-year contract, Bahri will ship the oil on very large crude

More…

Saudi shipper Bahri plans $1bn sukuk

National Shipping Company of Saudi Arabia (Bahri) plans to sell 10-year sukuk worth SR3.9 billion ($1.04 billion) by the end of March, a company executive said. The firm has chosen HSBC, JP Morgan and Samba Capital, the investment

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Saudi shipper Bahri names new CEO

The National Shipping Company of Saudi Arabia (Bahri) has named Ibrahim Abdulrahman al-Omar as its chief executive, effective on October 1, a bourse filing said on Wednesday. Omar has worked in several senior positions at firms in

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Saudi shipper plans long-term financing for Vela debt

National Shipping Company of Saudi Arabia (Bahri) plans to arrange long-term sharia-compliant financing in 2015 to replace a bridge loan backing its $1.3 billion acquisition of Saudi Aramco's marine unit, it said on Sunday. Th

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Saudi Bahri eyes 'world class' maritime yard

The National Shipping Company of Saudi Arabia (Bahri) has signed a memorandum of understanding with Saudi Aramco and Singapore's Sembcorp Marine to conduct a feasibility study for a maritime yard project in the kingdom. A deci

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