Saudi Arabia’s Bahri signs JV deal to build grains terminal at Yanbu port

Saudi Arabia’s Bahri signs JV deal to build grains terminal at Yanbu port

The PIF-backed company expects the project to be completed by the second quarter of 2021





























Saudi cargo ship Bahri Yanbu. The PIF-backed Bahri has signed a joint venture deal to build a grains terminal at Yanbu port. AFP





















Aug 24, 2020



August 24, 2020













National Shipping Company of Saudi Arabia, or Bahri - a shipping and logistics company part-owned by the kingdom's Public Investment Fund - signed an agreement with the Saudi Agricultural and Livestock Investment Company (Salic) to set up a grains terminal in the country as it looks to expand its logistics operations.



Under the deal, Bahri