Saudi Arabian state shipowner Bahri has signed a cooperation deal for tanker and multipurpose shipping with a Saudi Aramco subsidiary.

The agreement involves shipowning companies Bahri Chemicals and Bahri Logistics and base oils producer Luberef.

The aim is to develop “a mutually beneficial” shipping framework agreement that will also affect the national economy positively, Bahri said.

Luberef will provide details of available shipments that align with vessel dates at load ports.