National Shipping Company of Saudi Arabia

This comes as an implementation to its current strategical plan which calls for expanding the General Cargo sector in which the strategy recommended continuation and expansion in the RoRo, General and Project Cargo sectors which give a paramount importance in maximizing shareholders' returns and supporting the national economy of the Kingdom. The delivery of the ships is expected to start by the end of 2012 onward until the end of 2013 and for the 2 optional ships; the delivery will take place in the year 2013 for the 1st one, and the 2nd one will be delivered during the 1st quarter of 2014, subject to NSCSA exercising the option. Those ships are specialized in carrying general and projects' cargo and several types of RoRo cargo. The ships are equipped with heavy lift cranes and the deadweight of the ship is approx. 26,000 tons, in addition to the capability in carrying containers, in the designated area of the ship.

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