Bahri splashes $1bn on nine Marinakis VLCCs

Saudi Arabia’s flagship line Bahri has snapped up nine very large crude carriers from Evangelos Marinakis-controlled Capital Maritime & Trading. The company said in a Tadawul filing Tuesday it would be paying about $1bn in total for the scrubber-fitted ships delivering by the end of the first quarter of 2025. The deal will be financed …

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