SAUDI DIRIYAHscrapped
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beached
beached at Alang 04/2013
arrived Bhavnagar
arrrived Bhavnagar anchorage 30.03.13
Bahri announces the sale of Saudi Diriyah cargo vessel for scrap
The National Shipping Company of Saudi Arabia (Bahri) announces that in connection with the fleet replacement programme for the general cargo, the Company has sold on Saturday 23rd March 2013 its general cargo vessel (Saudi Diriyah) for scrapping after completing her useful life for a sum of SAR30,257,136 generating a net gain of SAR19,523,391 after deducting its book value and all expenses associated with the sale. It is worth mentioning that the Company had previously announced the signing of six ship building contracts to acquire six new general cargo vessels to replace the older fleet in this sector which have completed their useful life. In addition to the sale of Saudi Diriyah, Bahri had announced on 19th January, 2013 the sale of Saudi Abha, the first of the General Cargo ships. Two sister ships remain to be sold in sequence coinciding with the delivery of the remaining new builds.
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