VOL. XXXIX

No. 34

20-May-1996

SAUDI ARABIA

NSC Takes Delivery Of Second Of Five VLCCs

The National Shipping Company (NSC) of Saudi Arabia announced on 11 May that it had taken delivery of Ghawar - the second of five 300,000 dwt VLCC tankers that are being built by Japan's Mitsubishi Heavy Industries. The new tanker will be leased on 17 May to Vela International Marine, Saudi Aramco's shipping arm, according to NSC's Managing Director, Mr. 'Abd Allah al-Shuraim. Ghawar will therefore be...