Principal Activities
Provides maritime transportation services for crude oil, petrochemicals and liquefied natural gas; involved in ship management and maintenance, freight forwarding and trade in liquefied natural gas.
Date of Establishment Year
1979 (October)
No of Employees
N/A Company, 360 Group (As of Apr 11, 2011)
Important/Recent Developments
NSCSA has 9 ships on order
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Major Shareholders  |
Section Updated: 13Sep11
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Public Investment Fund
|
Government |
Saudi Arabia |
28.10% |
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Public
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|
- |
71.90% |
Foreign Ownership Limits
Section Updated: 30Dec09
100%
GCC Nationals
49%
Foreigners
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Direct Investments and Related Entities  |
| Subsidiaries/Associates/Affiliates |
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| Mideast Ship Management |
UAE |
100.00% |
| NSCSA America |
United States |
100.00% |
| National Chemical Carriers |
Saudi Arabia |
80.00% |
| Al Bahri Company for Bulk Transportation |
Saudi Arabia |
60.00% |
| Bahri Dry Bulk [BDB] |
Saudi Arabia |
60.00% |
| Petredec |
Bermuda |
30.30% |
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| Investments |
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| Agents and Distributors |
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| Adolai Marine and Transit Services |
Eritrea |
- |
| Al Bader Shipping And General Contracting Company |
Kuwait |
- |
| Artyx Agencies |
Germany |
- |
| Barwil Zaatarah Agencies |
Jordan |
- |
| Benkar Group Incorporated |
Taiwan |
- |
| Biehl and Company |
United States |
- |
| Carolina Shipping Company |
United States |
- |
| DELTA Agenzia Marittima |
Italy |
- |
| Eurogulf Shipping |
UAE |
- |
| LibanFracht |
Lebanon |
- |
| M/S Orient Ship Agency |
India |
- |
| Middle East Shipping Company |
Yemen |
- |
| Orient Shipping |
Egypt |
- |
| Qatar National Navigation And Transport |
Qatar |
- |
| Ras Al Hilal Marine Services Company |
Libya |
- |
| Seabridge International Shipping |
Canada |
- |
| Seacon |
Pakistan |
- |
| Somarain Oriental |
Sudan |
- |
| Star Marine Services |
Iran |
- |
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Auditors
Banks
| Samba Financial Group |
HSBC Bank Middle East |
| SABB |
Gulf International Bank – Saudi Arabia |
Law Firms
| Financial Results |
31-Dec-10 |
31-Dec-11 |
Yr on Yr |
| |
SAR'000 |
SAR'000 |
change (%) |
Total revenues  |
2,049,830
|
1,991,880
|
(2.83) |
Net profit  |
414,878
|
288,051
|
(30.57) |
| Total assets |
9,966,279
|
10,598,450
|
6.34 |
| Paid-up capital |
3,150,000
|
3,150,000
|
0.00 |
| Shareholders' Equity |
5,089,691
|
5,062,906
|
(0.53) |
| Shares outstanding |
315,000
|
315,000
|
0.00 |
| Market capitalization |
5,512,500
|
3,827,250
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(30.57) |
| » View Full Financials |
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