Thursday 7 May 2015
 
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bahri

Bahri hopes to issue $1bn sukuk this quarter

National Shipping Company of Saudi Arabia (Bahri) plans to make a debut sukuk issue worth up to SR3.9 billion ($1.04 billion) this quarter, the company's vice chief executive officer for finance Mohammad Alotaibi said. "H

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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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Saudi shipper Bahri in deal with Korea's 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 in deal with Korea's 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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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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Saudi shipper Bahri names new CEO

The National Shipping Company of Saudi Arabia (Bahri) has named Ibrahim Abdulrahman al-Omar as its chief executive, effective on October 1, a bourse filing said on Wednesday. Omar has worked in several senior positions at firms in

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Saudi shipper plans long-term financing for Vela debt

National Shipping Company of Saudi Arabia (Bahri) plans to arrange long-term sharia-compliant financing in 2015 to replace a bridge loan backing its $1.3 billion acquisition of Saudi Aramco's marine unit, it said on Sunday. Th

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