NSCSA Subsidiary Purchase (2) Petrochemical Tankers

The National Shipping Company of Saudi Arabia (NSCSA) announces that the Board of Directors of The National Chemical Carriers Ltd. Co. (NCC) (one of its affiliates) agreed in their meeting held on Tuesday 21st December, 2010 to sign a contract with SLS Shipbuilding Company of South Korea to purchase (2) Petrochemical tankers for a total price of approximately SAR (322.5) millions with expected delivery during the 1st half of 2011.
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Source: zawya