VOL. XLVI

No 29

21-July-2003

SAUDI ARABIA

NCC Places $66.7Mn Order For Two Chemical Carriers From South Koreas Hyundai Mipo

Saudi Arabias National Chemical Carriers (NCC) on 13 July signed a contract worth SR250mn ($66.7mn) with South Koreans Hyundai Mipo for the construction of two chemical tankers. Each tanker will be 183ms in length and have a deadweight of 46,200 tons and a capacity of 54,300 cu ms of liquid chemicals. Construction is scheduled for completion in 2005. NCC said that it would...