VOL. XXXIII
NO. 2
16-OCTOBER-1989
Kuwait
KOTC Negotiates Deals to Modernize Tanker Fleet
The Chairman of the Board of Directors of the Kuwait Oil Tankers Company (KOTC),Mr. 'Abd al-Fattah al-Badr, revealed to the Kuwait daily al-Qabas on 9 Octoberthat the company has started negotiations with a number of shipbuilding firmswith a view to modernizing its tanker fleet. Mr. Badr was quoted as saying thatthe company is planning to sell 11 of its used vessels and to order newbuildings for which bids...
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