VOL. XXXIII
NO. 35
4-JUNE-1990
Saudi Arabia
NCC Finalizes Acquisition of Norwegian Chemical Carriers
The National Chemical Carriers (NCC), which was established last month by the National Shipping Company (NSC) of Saudi Arabia (80%) and the Saudi Basic Industries Corporation - SABIC (20%) with a capitalization of SR200mn, on 30 May signed an agreement with the Storli group of Norway to finalize the acquisition of nine chemical carriers for SR808mn ($215mn). The...
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