KOTC Signs $122mn Contract with Mitsubishi for Two LPG Carriers
The Chairman of the Board of Directors of the Kuwait Oil Tanker Company (KOTC),Mr. 'Abd al-Fattah al-Badr, signed on 24 April a contract worth 19.38bn($122mn) with Japan's Mitsubishi Heavy Industries for the construction of twonew LPG carriers for KOTC's fleet, each with a capacity of 78,000 cu.ms.According to Mr. Badr, the two carriers are scheduled for delivery in late 1992or early 1993.
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