Saudi Oil Tankers Deal

Saudi Oil Tankers DealSaudi Oil Tankers Deal

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude tankers from ship builders Hyundai Heavy Industries, the company said on Sunday. Hyundai will build the tankers and deliver them to Bahri in 2017, TradeArabia reported. Each tanker will have a capacity of 300,000 deadweight tonnage.