Kuwait Oil Tanker Co (KOTC) has signed a $556 million contract with South Korea's Daewoo Shipbuilding & Marine Engineering to build five new tankers, the state news agency Kuna said.
The four double-hull very large crude carriers (
Kuwait Oil Tanker Company (KOTC) plans to contract ship builders for nine new tankers in the third phase of its fleet improvement plan, a local newspaper reported KOTC chairman as saying on Wednesday.
"Currently, there are preparations to
State-owned Kuwait Oil Tanker Co (KOTC) will receive its first tanker this year from South Korea's Daewoo Engineering & Construction earlier than planned, the Kuwait state news agency reported on Tuesday.
The first of a fleet of fo