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Bahri wins top Arab shipping awardThe National Shipping Company of Saudi Arabia (Bahri) said it has won top recognition for its maritime achievements in the region by Forbes Middle East . A major player in the marine sector, Bahri owns and operates a fleet of 44 v More… |
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Bahri eyes sukuk to fund Vela buyNational Shipping Company of Saudi Arabia (Bahri) is considering a debut Islamic bond issue to help refinance debt taken on for its $1.3 billion acquisition of Saudi Aramco's marine unit last year, three sources said. More… |
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Aramco, Bahri reach agreement on merger termsThe National Shipping Company of Saudi Arabia (Bahri) and state oil giant Saudi Aramco have reached an agreement on the terms and conditions of Bahri's merger with Aramco's Vela International Marine unit, the firm said in a bourse statem More… |
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Saudi Aramco to sell marine unit for $1.3bnState oil giant Saudi Aramco said it has signed an agreement to sell its marine unit, Vela International Marine Limited, to Saudi National Shipping Company (Bahri) for $1.3 billion in cash and shares. This merger of ships, personnel and bu More… |
