Bahri Fleet Continues to Grow with the Addition of 45 th VLCC

Bahri, a global leader in logistics and transportation, today approved the delivery of 'Khurais,' a Large Crude-oil Service Provider (VLCC), additional enhancing its market-leading abilities in petroleum transport. The brand-new addition brings the total amount variety of the vessels in Bahri's fleet to 92 and is the 4th of 5 VLCCs to be gotten this year from South Korea-based Hyundai Samho Heavy Industries (HSHI), the world's largest shipbuilding company.

'Khurais' was delivered at a ceremony held at HSHI's Mokpo shipyard in South Jeolla District, South Korea, on 10 April 2018. Capable of moving 2 million barrels of crude oil, the 300,000-DWT service provider is the 9th of 10 VLCCs bought from the South Oriental shipbuilding company as part of Bahri's critical long-term maritime growth and development plan.

"This latest addition to Bahri's fleet of VLCCs consolidates our standing as a global leader in the crude oil transport industry and gives us a higher competitive edge. We will leverage the resulting renovations in performance to cater for the progressively increasing demand for petroleum transport and bring included value to our clients and stakeholders," stated Eng. Abdullah Aldubaikhi, Chief Executive Officer of Bahri.

" The addition of the new vessel even more enhances our abilities and underlines our dedication to purposes of the Saudi Vision 2030. We are proud to play a key duty in maintaining the Kingdom's pre-eminent position as a key calculated regional hub and logistics entrance throughout three continents," he included.

'Khurais' joins the three vessels obtained earlier this year, called 'Kassab,' 'Lawhah,' and 'Qamran,' in further enhancing Bahri's setting as the world's biggest owner and operator of VLCCs.