Saudi Arabia-based shipping company, Bahri, has reached an important new milestone with the delivery of Rimithan, a 300,000 dwt VLCC tanker. Built in South Korea by Hyundai Samho Heavy Industries (HSHI), the vessel has been built to the latest environmental and fuel efficiency specifications, and was handed over to Bahri during a delivery ceremony held at the Mokpo shipyard.
Rimthan is the fourth VLCC to join the Bahri fleet this year, following the delivery of Amjad, Maharah and, most recently, Aslaf. It is also the 40th VLCC owned and operated by the company, making it the first shipping company to have a fleet of this size. Bahri has another six vessels on order which are due to be delivered over the next 18 months.
Bahri Oil, one of Bahri’s six business units, will be responsible for the commercial operation of Rimithan. Bahri is set to further expand its oil tanker fleet with the addition of Shaden, its 41st VLCC, towards the end of October this year.
Another of the company’s divisions, Bahri Dry Bulk, has signed an agreement with another South Korean yard, Hyundai Mipo Dockyard, to build four 80,000 dwt bulk carriers. The quartet is due for delivery in 2020.