NSCSA Company Receives Giant Oil Tanker

Riyadh, July 04, SPA -- The National Shipping Company of Saudi Arabia
(NSCSA) received on Friday the giant oil tanker "Ghazal", which was
built in dockyards of Hyundai Company in South Korea.

NSCSA's Director General Homoud bin Abdulaziz Al-Ajlan pointed
out that the oil tanker "Ghazal" is the fifth one of the six giant
tankers which the company contracted to be built in March 2006, each
one at a cost of about SR 460 million, adding that the last tanker is
currently being built and it is expected to be received next
September.

Each tanker can carry nearly 2.2 million barrels.

--SPA