Bahri readies LNG tanker entry

Reuters is reporting that Bahri, the shipping subsidiary of Saudi Aramco, is about to enter the LNG trades, issuing an expression of interest (EOI) to charter up to 12 LNG carriers from 2025.

Bahri’s diverse fleet today of 90 vessels includes crude, chemical and product tankers as well as some dry bulk carriers.

Saudi Aramco is keen to develop its own gas resources as well as buying overseas assets.

In May, it signed a 20-year agreement to buy LNG from a forthcoming export terminal in Port Arthur, Texas.