VOL. XXXIX

No. 48

26-August-1996

SAUDI ARABIA

NSC Commissions Third VLCC Ordered At Mitsubishi Yard

Saudi Arabia's National Shipping Company (NSC) is scheduled to commission on 23 August a new 300,000 dwt crude oil tanker, the third of five VLCCs that are being built at Japan's Mitsubishi Heavy Industries shipyard at Nagasaki. The vessel, named "Watban" has a double-hull structure and a capacity of 2.1mn barrels. The new vessel will be leased to Vela International Marine, Saudi Aramco's...