Sunday 19 April 2015
 
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Bahri confirms Q1 net profit doubles

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Aramco, said its first-quarter net profit more than doubled, broadly reaffirming the estimated earnings issued last week. The company's net profi

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Qatar shipper eyes combining tanker business with UAE firm

Shipping firm Qatar Navigation said it was initiating talks with UAE-based United Arab Chemical Carriers on a possible combination of their product and chemical tanker businesses.   Qatar Navigation, also known a

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Qatar shipper eyes combining tanker business with UAE firm

Shipping firm Qatar Navigation said it was initiating talks with UAE-based United Arab Chemical Carriers on a possible combination of their product and chemical tanker businesses.   Qatar Navigation, also known a

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Shipping lines pull back from Yemen as conflict escalates

International shipping lines are being forced to scale back or suspend port calls to Yemen as the conflict gets worse, putting pressure on supplies of food as prices rise in local markets. Yemen imports more than 90 per cent of it

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Shipping lines pull back from Yemen as conflict escalates

International shipping lines are being forced to scale back or suspend port calls to Yemen as the conflict gets worse, putting pressure on supplies of food as prices rise in local markets. Yemen imports more than 90 per cent of it

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Bahri Q1 net profit more than doubles

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, more than doubled its first-quarter net profit, according to a statement released today. The company's profit for the three months

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Bahri Q1 net profit more than doubles

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil shipper for Saudi Aramco, more than doubled its first-quarter net profit, according to a statement released today. The company's profit for the three months

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Bahri enters crude shipping deal with S-Oil

National Shipping Company of Saudi Arabia (Bahri) has agreed with South Korea's S-Oil Corp to ship crude oil cargoes from the third quarter of this year. Under the 10-year contract, Bahri will ship the oil on very large crude

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Saudi shipper Bahri plans $1bn sukuk

National Shipping Company of Saudi Arabia (Bahri) plans to sell 10-year sukuk worth SR3.9 billion ($1.04 billion) by the end of March, a company executive said. The firm has chosen HSBC, JP Morgan and Samba Capital, the investment

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Major Mideast shipping routes secure despite turmoil: US

Shipping corridors used by Gulf energy exporters are not at risk from violence and political volatility in Yemen and the seizure of swathes of territory in the region by Islamic State militants, a senior US naval officer said. Vic

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