Bahri said y/y revenue growth was primarily supported by the Chemicals business unit (BU), followed by Dry Bulk and Integrated Logistics, which benefited from increased shipping volumes enabled by the expansion of Bahri’s fleet of owned and chartered vessels, as well as higher shipping rates across most segments.
The Great Eastern Shipping Company Limited (G E Shipping) has agreed to sell a 2005-built medium range product tanker of about 47 999 dwt on 31 October 2024 to an unaffiliated third party. The vessel will be delivered to the new buyer by 3Q25.