National Shipping Company of Saudi Arabia (Bahri) has reported stronger profit figures for 2019 as tanker rates increased.
It also benefited from lower financial costs, the shipowner said.
The VLCC giant posted net earnings of SAR 249m ($66.4m)
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Bahri boosted by tanker boom as profit more than doubles
Saudi Arabian VLCC giant also helped by falling financial costs in fourth quarter
29 January 2020 14:58 GMT
Updated
30 January 2020 11:13 GMT
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