Bahri Secures SAR1.7 Billion Order for Crude Carriers

03:53 AM EDT, 10/25/2026 (MT Newswires) -- The National Shipping Co. of Saudi Arabia (SASE:4030), d/b/a Bahri, entered into a ship supply contract worth 1.69 billion Saudi riyals with 19.9%-owned International Maritime Industries. The Saudi Arabian shipping company said Sunday that International Maritime Industries will develop and supply three very large crude carriers, which will have a deadweight tonnage of 320,000 each. Bahri noted that the new vessels, which will be received in batches from 2029 to 2030, will support its fleet modernization and expansion plans.