The National Shipping Company of Saudi Arabia (4030) Stock Overview

The National Shipping Company of Saudi Arabia, together with its subsidiaries, purchases, sells, and operates vessels for the transportation of cargo in the Kingdom of Saudi Arabia. The company operates through Transportation of Oil, Transportation of Chemicals, Logistics, and Transportation of Dry Bulk segments. It transports crude oil, petrochemical products, and liquified petroleum gas; provides technical ship management and logistics services; and packs and stores grain. The company also engages in agency activities for maritime shipping companies; cargo clearance and coordination for transport and storage on-board vessels; and other marine transport activities. In addition, it owns lands and properties; and owns shares in other companies. The company owns and operates 94 vessels, including 40 very large crude-oil carriers and product tankers, 40 chemical and product tankers, 6 multipurpose vessels, and 10 dry bulk carriers. The National Shipping Company of Saudi Arabia was founded in 1978 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.