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APICORP and Bahri to launch $1.5bn fund to acquire 15 VLCCs

2016-07-19 01:00:00| Ship Technology

Arab Petroleum Investments (APICORP) and the National Shipping Company of Saudi Arabia (Bahri) have reached an agreement to launch a $1.5bn fund to buy very large crude carriers (VLCCs).

Tags: fund launch acquire 15bn

Category:Transportation and Logistics

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