Saudi Arabian shipping giant Bahri is reportedly in contact with two shipyards in the Far East to build up to 10 MR product tankers.
Shipping sources said Bahri has asked South Korea’s Hyundai Mipo Dockyard (HMD) and China’s New Times Shipbuilding to submit proposals for the series of 50,000-dwt vessels as it renews and expands its fleet.
It is placing firm orders for half-a-dozen high-spec ships, with four options.
