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Saudi’s Bahri gains 9 percent after merger announcement

Shares at Saudi National Shipping Co (Bahri) rose 9 percent on Saturday after it signed an agreement with Saudi Aramco to buy its Vela marine unit for $1.3 billion in cash shares.

July 1, 2012 10:04

Two VLCCs of Oman to move to US West Coast -trade

One VLCC of Oman for August loading will be moved by Mercuria.

August 17, 2010 10:48