VOL. XXXI

NO. 50

19-SEPTEMBER-1988

GULF SHIPPING

Kuwait to Retain Reflagged Tankers

Kuwait intends to retain foreign flags for over half of its tanker fleet,according to Mr. 'Abd al-Fattah al-Badr, Chairman of the Kuwait Oil TankersCompany (KOTC). Mr. al-Badr told the Kuwait-daily al-Watan on 12 September that"at this stage, the company has no intention to cancel the reflagging ofits tankers which fly the flags of the US, USSR and Britain." He added thatreflagging was an economic policy unrelated...