‘Amad’ handed over at the HSHI Mokpo shipyard in South Korea
Adding its 46th Very Large Crude-oil Carrier (VLCC) to its growing fleet, Bahri recently welcomed ‘Amad,’ from South Korea-based Hyundai Samho Heavy Industries (HSHI), bringing its total fleet strength to 93 vessels.
Bahri’s CEO Eng. Abdullah Al-Dubaikhi accepted the delivery of ‘Amad’ at a ceremony held at HSHI’s Mokpo shipyard in South Korea in the presence of M. K. Yoon, President and CEO of Hyundai Samho Heavy Industries, among others.
The new vessel, which will be operated on a time-charter/spot basis, marks the completion of the industry leader’s three-year agreement signed with HSHI in May 2015, to build five VLCCs and five more optional VLCCs, to fuel Bahri’s long-term expansion strategy.
With the capacity to transport 2.2mn barrels of crude oil, the 300,000-DWT carrier’s stands at 333 meters long with a beam of 60m. The speed of Amad is 14.4knots.
“Saudi Arabia is on the cusp of a number of major economic developments and milestones like the delivery of our 46th VLCC, ‘Amad,’ further strengthening our focus on playing an integral role in achieving the Kingdom’s Vision 2030 objectives,” said Eng. Abdullah Al-Dubaikhi, CEO of Bahri.
