Bid & Tender
Saudi Arabia to Build Shipbuilding Complex on East Coast

Date : Jul 20, 2016

Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to support oil exports, a report said.

 

The kingdom also will have a shipping fleet that will match its oil capabilities, said Energy Minister Khalid Al-Falih.

 

Meanwhile, Saudi Aramco, an oil major, will need more tankers to meet global demand, he added.