National Chemical Carriers Ltd. Co. (NCC), 80 percent owned by The National Shipping Co. of Saudi Arabia (NSCSA), had received Thursday (Aug. 4) in Korea a new chemical tanker named NCC Safa from SHINAsb (previously SLS) of South Korea, as part of nine vessels previously contracted by NCC from this yard during 2006-2007 for a total value of approximately (SR1,721 millions). NCC Safa has a DWT of 45,000 tons with (DNV) classification and full (IMO 2) notations and cargo capacity of 53,200 cubic meters comprising (22) Zink/Epoxy coated cargo tanks with (20) full segregations, NCC chief executive Abdullah Mohanna said in a statement Saturday. The vessel will be commercially operated by NCC ODFJELL Chemical Tankers JLT, located in Dubai and owned jointly by NCC and its long- term strategic partner ODFJELL SE of Norway, which commenced operation in January 2010. NCC has additional seven vessels under construction at SHINAsb in South Korea valued at SR1,354 million) with deliveries expected during 2011/12, in addition to one large chemical tanker of 75,000 DWT, to be constructed at Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) of South Korea at the price of SR247 million for delivery in 2013. NCC currently operates a fleet of 16 vessels that are specialized in transporting chemicals, vegoils and clean petroleum products with DWT capacity of nearly 710,000 tons, which will expand to 25 vessels and 1.1 millions DWT by 2013.
