National Shipping Company of Saudi Arabia Signs Shipbuilding Contracts
According to a March 6 report from AMEinfo.com, the National Shipping Company of Saudi Arabia (NSCSA) will sign four shipbuilding contracts and two additional optional contracts on March 6, 2011 with Hyundai MIPO of South Korea. The contracts' value including the two optional contracts amounts to $411.4m Saudi Riyals.