{"id":89682,"date":"2025-10-20T00:00:00","date_gmt":"2025-10-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/20\/bahri-to-supply-s-oil-with-at-least-70-mn-bbl-of-crude-oil-annually-over-the-next-10-years\/"},"modified":"2025-10-20T00:00:00","modified_gmt":"2025-10-20T00:00:00","slug":"bahri-to-supply-s-oil-with-at-least-70-mn-bbl-of-crude-oil-annually-over-the-next-10-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/20\/bahri-to-supply-s-oil-with-at-least-70-mn-bbl-of-crude-oil-annually-over-the-next-10-years\/","title":{"rendered":"Bahri to supply S-Oil with at least 70 mn bbl of crude oil annually over the next 10 years"},"content":{"rendered":"

South Korea\u2019s S-Oil taps Bahri for crude oil:<\/strong> Saudi Arabia\u2019s national shipping company Bahri renewed its long-term contract of affreightment with South Korean refiner S-Oil Corporation, according to a statement<\/a> released on Thursday. The contract was extended for a 10-year period, the statement read, without disclosing the transaction\u2019s value.<\/p>\n

The details:<\/strong> Bahri is set to transport crude oil cargoes via very large crude carriers (VLCCs) from the Red Sea and the Arabian Gulf to South Korea\u2019s Onsan. Under the contract, S-Oil will receive a minimum of around 70 mn bbl of crude per year. <\/p>\n

Bahri + S-Oil have a shared history<\/strong>, with the agreement marking a 20-year partnership milestone between the pair. The two players inked the original contract back in 2015<\/a>, which was forecast to generate some USD 67 mn. The renewal reaffirms this \u201cmutual trust and long-standing partnership\u201d as the companies work together to strengthen economic and energy ties between the two countries, Bahri CEO Ahmed Al Subaey said.<\/p>\n

Expansion capacity:<\/strong> Bahri added nine<\/a> VLCCs valued at USD 1 bn in September \u2014 bringing its total operational fleet to 50 of the advanced vessel model. The deliveries came one year<\/a> after Bahri signed a SAR 3.75 bn (c. USD 1 bn) agreement with global shipping outfit Capital Maritime and Trading Corporation to procure nine VLCCs.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bahri will transport crude oil cargoes via Very Large Crude Carriers (VLCCs) from the Red Sea and the Arabian Gulf to South Korea\u2019s Onsan<\/p>\n","protected":false},"author":1,"featured_media":89683,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[198,31,123,405,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-bahri","tag-saudi-arabia","tag-shipping-maritime","tag-south-korea","tag-trade","wpautop","entry"],"acf":{"mongo_id":"7bd912b4-284b-47b0-a2f1-68f6ebec4307","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/10\/915.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Bahri to supply S-Oil with at least 70 mn bbl of crude oil annually over the next 10 years","related_issue":[89675],"teaser":"Bahri will transport crude oil cargoes via Very Large Crude Carriers (VLCCs) from the Red Sea and the Arabian Gulf to South Korea\u2019s Onsan","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.777dcabd-0bba-43a9-b433-98cfad0765b7.mp3"},"yoast_head":"\nBahri to supply S-Oil with at least 70 mn bbl of crude oil annually over the next 10 years - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/10\/20\/bahri-to-supply-s-oil-with-at-least-70-mn-bbl-of-crude-oil-annually-over-the-next-10-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bahri to supply S-Oil with at least 70 mn 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