NCC receives new chemical tanker “NCC SAMA”

2012-12-06

National Chemical Carriers Ltd. Co. (NCC) of Saudi Arabia, owned 80% by The National Shipping Company of Saudi Arabia (BAHRI) announced that it had received on Tuesday, 4th December 2012 in Korea a new chemical tanker named “NCC SAMA” 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).

“NCC SAMA” has a DWT of 45,000 tons with (DNV) classification and full (IMO 2) notations and cargo capacity of 53,200 cubic meters comprising (22) Zink/Epoxy coated cargo tanks with (20) full segregations.

NCC has additional One (1) vessel under construction at SHINAsb in South Korea for a value of (SAR 195 Millions) with delivery expected during this year or early next year, 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 (SAR 247 Millions) for delivery during 2013.

NCC currently operates a fleet of 22 vessels that are specialized in transporting Chemicals, Vegoils and Clean Petroleum Products with DWT capacity of nearly 985,000 tons, which will grow to (25) vessels and 1.1 Million DWT by 2013.

BAHRI, headquartered in Riyadh, Saudi Arabia, is one of the largest shipping companies in the world with operations in the oil & gas, chemicals, dry bulk and general cargo segments. Bahri owns and operates a modern fleet of 17 VLCCs, 22 chemical tankers, and 4 ROROs in addition to 5 dry bulk carriers, 3 chemical tankers and 6 multi-purpose general cargo ships under construction. Bahri also has a highly experienced team of in-house technical management experts for servicing all its vessels and ensuring the highest standards of safety and reliability.

Bahri currently employs approximately 1350 seafarers and shore staff globally. Bahri is a joint stock company listed on Tadawul, the stock exchange of the Kingdom of Saudi Arabia.

Source: Bahri

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