Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) on Thursday, 26 October received large crude oil carrier (VLCC), and it was named (Shaden).

The received carried is one of the five largest carriers which are financed by Riyad Bank, according to a statement to the Saudi Stock Exchange (Tadawul).

The Tadawul-listed shipping firm forecasted that the carrier’s commercial operation will start in December, while the financial impact will appear in the fourth quarter of 2017.

By 11:50 am KSA time, Bahri's stock increased 1.23% to reach SAR 28.05.