Saudi ship sold for scrap
Broker reports from Europe are suggesting the Mideast Ship Management company has sent a 30-year old roro cargo vessel for demolition.
The 42,600-dwt Saudi Tabuk, built 1983 in Sweden, has reportedly been sold as is in Fujairah, complete with 250tonnes of bunkers. No price was mentioned in the reports.
Mideast Ship Management Ltd. is a subsidiary of Saudi Arabian National Shipping Company Bahri which operates from its head offices in Dubai.
It was established in 1997 jointly by Bahri and Acomarit, a ship management company based in Scotland to render quality ship management services to Bahri and other companies.