VOL. XLVI

No 3

20-January-2003

SAUDI ARABIA

Vela Takes Delivery Of Two More VLCCs

Vela International Marine, Saudi Aramcos shipping subsidiary, took delivery on 1 January of two 317,000dwt VLCCs, Pisces Star and Aries Star. They are the second and third of four ships to be delivered to Vela by the manufacturers, Hyundai Heavy Industries (HHI) of South Korea. The first VLCC, Leo Star also 317,000dwt was delivered in September last year, and the remaining one is scheduled for a June 2003 handover....