Bahri brings in more VLCCs as Saudi oil cargoes head out
Saudi Arabia's shipping company is willing to pay the equivalent of $326,220 daily for a VLCC, in a deal that, if finalised, would further lift already increasing charter rates. But two provisional deals it agreed to earlier this week fell through, potentially because there was no storage space available or capacity on the oil pipeline at Ain Sukhna
Ongoing Saudi strategy to flood the market with oil sees Bahri charter in another two VLCCs within five days
Already Registered?
Sign in to continue reading.
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
E: subscription.enquiry@lloydslist.com
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Request Demo
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
E: subscription.enquiry@lloydslist.com
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Request Demo