VOL. XXXIV

NO. 6

12-NOVEMBER-1990

Kuwait

Japan's Mitsubishi Continues Construction of Two Kuwaiti LPG Carriers

A spokesman for the Japanese firm Mitsubishi Heavy Industries Company statedon 6 November that the shipyard will continue construction work on two LPGcarriers each with a capacity of 78,000 cu. ms., which were ordered by theKuwait Oil Tanker Company (KOTC) last April (MEES, 30 April) at a total cost of19.38bn ($122mn). KOTC had made a down payment amounting to 20% of the value ofthe...