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The 50,000-dwt product/chemical tanker Maritime Verity (built 2021) is one of two IMC sister ships that have reportedly been bought by Bahri. Photo: IMC Shipping

Bahri’s $1.6bn buying binge extends to two of IMC’s newest product tankers

Reported deal brings the number of vessels the Saudi shipping giant has bought this year to 17

9 October 2024 4:00 GMT Updated 9 October 2024 11:58 GMT

By Jonathan Boonzaier

in Singapore

Saudi shipping giant Bahri has reportedly bought two Chinese-built MR2 product tankers from Singapore-based IMC Shipping.

US-based brokers said the Guangzhou CSSC Longxue Shipbuilding-built 50,000-dwt Maritime Inspiration and Maritime Verity (both built 2021) were sold for a total of $96m.