The National Shipping Co. Saudi Arabia : May 29, 2012 Bahri receives new chemical tanker NCC SHAMS
05/29/2012| 03:13am US/Eastern
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Bahri receives new chemical tanker NCC SHAMS
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The National Shipping Company of Saudi Arabia Bahri announces
that its 80% owned subsidiary company The National Chemical
Carriers Ltd. Co. (NCC) received on Tuesday, 29th May 2012 in
Korea a new chemical tanker named NCC SHAMS with DWT of 45,000
tons from SHINAsb (previously SLS) of South Korea, as part of
Nine (9) vessels previously contracted by NCC from this yard
during 2006 - 2007 for a total value of approximately (SAR
1,722 Millions).
The financial impact of the delivered tanker on the company
revenue will appear starting from the date the delivery of this
vessel.
NCC has additional Four (4) vessels under construction at
SHINAsb in South Korea with deliveries expected during 2012, in
addition to one large chemical tanker of 75,000 DWT, to be
constructed at Daewoo Shipbuilding and Marine Engineering Co.
Ltd. (DSME) of South Korea at the price of approximately (SAR
247 Millions) for delivery during 2013.
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