VOL. XXXII
NO. 32
15-MAY-1989
KUWAIT
KOTC Purchases Two ULCCs from Danish Shipping Line
According to Lloyd's List, the Kuwait Oil Tankers Company (KOTC) - asubsidiary of the state-owned Kuwait Petroleum Corporation (KPC) - has finalizeda deal with the Danish shipping line A. P. Moller for the purchase of twoultra-large crude carriers (ULCCs). The price, reportedly amounting to about$60mn ($30mn each), is said to include the cost of expensive renovation work tobe carried out on the two tankers by...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!