VOL. XLVI
No 5
3-February-2003
SAUDI ARABIA
NSCSA Records $21Mn Profit In 2002
The National Shipping Company of Saudi Arabia (NSCSA) has announced a profit of SR80mn ($21.3mn) in 2002, following losses of SR139.7mn ($37.3mn) in 2001 and SR42.8mn ($11.4mn) in 2000 (MEES, 22 July 2002). According to NSCSA Chairman Sulaiman al-Herbish, the turnaround has been brought about by the boards strategy of focusing on crude oil and petrochemicals transportation and halting the operation of container ships,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!