Middle East Economic Survey

VOL. LIII

No 37

13-Sep-2010

SAUDI ARABIA

Gulf Navigation Adds New Chemical Carrier To SABIC Fleet

Dubai-based Gulf Navigation Holding has announced the delivery of a new chemical carrier, the Stolt Gulf Mishref, to its fleet. The new vessel, which is of 46,089 dwt capacity, brings the companys fleet total to eight ships, all of which are chartered out on 10-year contracts to Saudi Basic Industries Corporation (SABIC). The new vessel is intended for carrying bulk liquids...