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Saudi Arabia Takes Delivery of New Chemical Tanker

2:05 AM MDT | October 5, 2011 | Natasha Alperowicz

National Chemical Carriers (NCC; Riyadh), a subsidiary of the National Shipping Company of Saudi Arabia, says it has received a new 45,000-dwt m.t. chemical tanker named NCC Danah from the Korean shipyard SHINAsb, previously known as SLS. The tanker is one of nine vessels contracted by NCC from this yard during 2006 - 2007 for a total value of approximately SR1.7 billion. The financial impact of the delivered tanker on the company revenue will appear starting in the fourth quarter of the current financial year, NCC says. NCC has additional five vessels under...

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