Monday 9 December 2019

#Saudi Aramco's shipping arm looks to charter tankers in LNG foray-sources - Reuters

Saudi Aramco's shipping arm looks to charter tankers in LNG foray-sources - Reuters:

Saudi Aramco’s shipping arm Bahri has issued an expression of interest (EOI) to charter up to 12 liquefied natural gas (LNG) tankers from 2025, its first foray into the superchilled fuel, industry sources said on Monday.

No further details were immediately available and Saudi Aramco declined to comment. EOIs are preliminary enquiries that may or may not turn into full-fledged orders.

According to Bahri’s website, the national shipping carrier of Saudi Arabia has six business units dealing in oil, chemicals, logistics, dry bulk, ship management and data and owns 90 vessels, including 43 very large crude carriers (VLCCs) and 36 chemical/product tankers.

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