Al-Bahri’s subsidiary signs MoU for purchase of two tankers worth $ 57 million

In International Shipping News 05/05/2015

The National Shipping Company of Saudi Arabia ( Al-Bahri ) has announced that its subsidiary National Company for Chemicals Shipping signed on Thursday a memorandum of understanding to purchase two used tankers, category (IMO 2) built at Hyundai Mipo Dock, South Korea, in 2009, at price of $ (28.5) million dollars per tanker.

The company said in a statement posted on the website of the financial market ‘Tadawul “that it is expected that the financial impact of this process will be shown during the third quarter of 2015, noting that the company owns currently(24) chemicals tankers.

Source: Saudi Press Agency

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