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Letter Of Intent News

15 Jan 2026

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Credit: Bahri/Hadeed

The National Shipping Company of Saudi Arabia (Bahri) and the Saudi Iron & Steel Company (Hadeed) have signed a Letter of Intent (LOI) to explore potential cooperation in maritime transport to meet Hadeed’s Iron Ore shipping needs.The LOI, signed in Riyadh, states that both parties intend to discuss mechanisms for utilizing Bahri capabilities to meet Hadeed’s maritime transport requirements. This collaboration aims to explore potential joint opportunities between Bahri and Hadeed…

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