NO. 14



KOTC Takes Delivery of New Crude Oil Tanker

The Kuwait Oil Tanker Company (KOTC) took delivery on 20 December of one ofthe first of four 280,000 dwt crude carriers which are currently underconstruction in South Korean yards - two by Daewoo and and two by Hyundai -under the terms of contracts concluded in the first half of 1990 prior to theIraqi invasion of Kuwait. The new tanker, named Al-'Awdah (the `return'), hasnow joined KOTC's fleet of 30 vessels. The...