KOTC plans to build new vessels

May 26, 2004 02:00 AM

The state-owned Kuwait Oil Tanker Co. (KOTC) plans to build nine new vessels, including two giant crude tankers, at a cost of $ 600 mm, its chairman said.
The new vessels will add to the company’s current fleet of 24 tankers, which transport petroleum products, crude and LPG, Abdullah Al-Roumi told.

Source: Agence France Presse