VOL. XXXIII
NO. 24
19-MARCH-1990
Saudi Arabia
NSC and SABIC Acquire Nine Chemical Carriers
National Chemical Carriers (NCC), arecently-established arm of the National Shipping Company (NSC) of Saudi Arabia,has bought nine chemical carriers from the Storli group of Norway for $215mn.Storli has made a profit of $19.5mn from the sale of these carriers, which itpurchased in January 1990. According to industry sources, the Saudi Basic Industries Corporation (SABIC), which produces a variety of...
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