Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) on Wednesday has received large crude oil carrier named (Qamran).
The new carrier is one of the five carriers financed by Standard Chartered Bank, Arab National Bank, National Bank of Abu Dhabi, and Bank Albilad, according to Bahri’s statement to the Saudi Stock Exchange (Tadawul).
The firm expected that the carrier’s commercial operation will start next March, while financial impact is forecast to appear in the first quarter of 2018.
Bahri’s stock rose 2.35%, closing Tuesday at SAR 29.60.
