VOL. XXXIX

No. 7

13-November-1995

SAUDI ARABIA

Northern Marine Wins NSC's Ship Management Contract

Saudi Arabia's National Shipping Company (NSC) has awarded the Glasgow-based Northern Marine Management - a subsidiary of the Stena Group of Sweden - a contract worth some $750,000 to manage NSC's new five VLCCs which are on order with Japan's Mitsubishi Heavy Industries (MEES, 10 January 1994). The contract will come into effect when the first of the 300,000 dwt supertankers is delivered...