NCC of Saudi Arabia Takes Delivery of Chemical Tanker “NCC SAMA”

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 vessels previously contracted by NCC from this yard during 2006 – 2007 for a total value of approximately (SR1,722m).

‘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 one additional vessel under construction at SHINAsb in South Korea for a value of (SR195m) 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 (SR247m) 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.

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NCC, December 05, 2012