National Chemical Carriers Takes Delivery of First of Several Chemical Tankers

The National Chemical Carriers (NCC; Riyadh), a subsidiary of The National Shipping Co. of Saudi Arabia, has received a new chemical tanker, NCC Noor, with a DWT capacity of 45,000 m.t. from SLS Shipbuilding Co. of Korea. The vessel is one of two ordered by NCC late last year for a total of SR322 million ($85.9 million). Delivery of the second vessel is expected next month. NCC has nine additional vessels under construction by SLS in Korea costing a total of SR1.7 billion, with deliveries expected during this year and in 2012. In addition, it has one large...

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