VOL. XLV

No 5

4-February-2002

SAUDI ARABIA

NSCSAConfirms Sale Of Three Container Ships

Ata meeting on 26 January, the general assembly of the National Shipping Companyof Saudi Arabia (NSCSA) voted unanimously in favor of a proposal to sell thethree container ships in the companys fleet because of accumulated losses onservices operated between Europe and the Far East. Instead NSCSA will providecargo services on these routes. The three vessels to be sold are Saudi Jiddah,Saudi Yanbu' and Saudi...