Bahri Oil is one of the world’s leading owners and operators of VLCCs and is consistently among the top five VLCC owners globally. Ending 2024 with 41 VLCCs having a total deadweight tonnage of 12.8 million metric tons, Bahri Oil’s operated fleet represents about 5% of the global VLCC capacity. Bahri Oil’s primary cargo load region is the Arabian Gulf market, but the business unit also caters to requirements across all major VLCC routes worldwide. Bahri Oil is the exclusive transporter of Saudi Aramco VLCC crude cargos sold on a delivered basis around the world. Saudi Aramco is the world’s largest crude oil producer and holds a 20% equity stake in Bahri.