VOL. XXXII
NO. 3
24-OCTOBER-1988
OAPEC
AMPTC Purchases Two Crude Oil Tankers
The OAPEC-sponsored Arab Maritime Petroleum Transport Company (AMPTC) haspurchased two second-hand 80,000 dwt crude oil tankers. The purchase wasapproved by the Board of Directors in response to favorable market conditionsand as part of a program to modernize the current fleet and to carry out furtherexpansion (with a study being conducted of a possible order for a new tanker).The two tankers will carry the Iraqi and...
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