Riyadh ; Bahri, a global leader in transportation and logistics, and International Maritime Industries (IMI), the largest integrated maritime facility in the MENA region, have signed a contract for the construction of three Very Large Crude Carriers (VLCCs) at IMI’s facility in Saudi Arabia, in conjunction with the Saudi Maritime & Logistics Congress.

Under the agreement, valued at approximately SAR 1.692 billion, IMI will build three VLCCs, each with a capacity of 320,000 deadweight tons (DWT). The vessels will be equipped with advanced energy-efficiency technologies and are scheduled for phased delivery between . . .