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Saudi shipping firm to boost VLCC fleet

Riyadh, March 9, 2011

The state-run National Shipping Company of Saudi Arabia is looking to buy more Very Large Crude Carriers (VLCCs) to add to its existing fleet of 17 tankers, a company executive said.

'We have a five year growth strategy and would like to add more (VLCCs),' said Saleh A. Al-Shamekh, president of oil and gas for the company, at a shipping conference on Wednesday.-Reuters


Tags: Saudi National Shipping Company | VLCC fleet |

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