The National Shipping Company of Saudi Arabia (NSCSA) will sign on Sunday deals worth 1.54 billion riyals ($400 million) with South Korea's Hyundai Mipo Dockyard to build four vessels.
The agreement includes an option to get an additio
Gulf Energy Maritime (GEM), one of the Middle East's largest commercial product tanker operator, said it has taken delivery of the first-ever Panamax vessel built by Korean shipbuilding giant, Hyundai Mipo Dockyard (HMD).
The 75,000 dw
Gulf Energy Maritime (GEM) said the delivery of the $56 million Gulf Baynunah makes it the region's top chemical transportation company.
GEM's current fleet has reached 11 With the addition of Gulf Baynunah, which received its name