VOL. XXXV

NO. 48

31-AUGUST-1992

Kuwait

KOTC Takes Delivery of New Crude Oil Tanker

The Kuwait Oil Tanker Company (KOTC) - a subsidiary of the state-owned KuwaitPetroleum Corporation (KPC) - has taken delivery of the third of four 280,000dwt tankers which are under construction in South Korean yards (two by Daewooand two by Hyundai) under contracts concluded in the first half of 1990 prior tothe Iraqi invasion of Kuwait. The new tanker, named Al-Samidun (the Arabic wordfor `the steadfast ones'),...