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Saudi Arabia: Bahri to receive $95mn carrier in Seoul

National Shipping Company of Saudi Arabia (Bahri) is supposed to receive a large crude carrier (VLCC) from Hyundai Samho Heavy Industries (HSHI).

The first VLCC, named Amjad, will be the first among the 10 VLCCs, that will be delivered by the Korean company in the next two years.

Bahri will receive the carrier on 7 February in Mokpo city, in the southern province of South Korea, according to Yonhap News Agency.

The carrier is 333 metres long, 60 metres wide, 29.4 metres high, and worth between $85mn to 95mn.

In May, Bahri signed contracts with HSHI to build five VLCCs, with an option for additional five more vessels.

The VLCCs are designed in line with the latest international technical specifications, with a capacity of 300,000 DWT per carrier.

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