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Saudi Bahri Buys Vessels Amid Soaring VLCC Charter Rates

Bloomberg2026-02-25 19:47

🤖 AI Summary

Bahri, Saudi Arabia's largest VLCC operator, has signed charter agreements for at least five Very Large Crude Carriers (VLCCs). This reflects increased vessel demand amid soaring charter rates.

📊 Comment: Increased vessel demand driven by expectations of rising oil prices.

Bahri, Saudi Arabia's largest VLCC operator, has signed charter agreements for at least five Very Large Crude Carriers (VLCCs). This reflects increased vessel demand amid soaring charter rates.

📊 Comment: Increased vessel demand driven by expectations of rising oil prices.

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