VOL. XXX

NO. 6

17-NOVEMBER-1986

KUWAIT

KOTC Plans to Purchase New Product Carriers

The Kuwait Oil Tankers Company (KOTC) a subsidiary of the Kuwait PetroleumCorporation (KPC) is planning to purchase seven new product carriers, accordingto a statement by the company's Chairman of the Board, Mr. 'Abd al-Fattah al-Badr.KOTC's plan, Mr. al-Badr said, is being considered in the light of the shortagein the world product carrier market and of the drop in the value of the USdollar and increased demand for...