Saudi Arabia’s Bahri is reported to be shedding more older tankers, this time from its joint venture with Saudi Arabia Basic Industries Corp (SABIC).

European brokers list two MR chemical and product vessels offloaded by Bahri Chemicals, which is 80% owned by state-controlled Bahri and 20% by chemicals maker SABIC.

The 46,300-dwt NCC Najd and NCC Hijaz (both built 2005) have fetched $17m each.