VOL. XXX

NO. 13

5-JANUARY-1987

KUWAIT

Kuwait to Sign $132mn Contract for Six Products Tankers with South KoreanFirm

The Kuwait Oil Tankers Company (KOTC), a subsidiary of the state-owned theKuwait Petroleum Corporation (KPC), will sign this month a $132mn contract withthe South Korean firm Samsung Shipbuilding Company for the construction of sixnew products tankers two with a capacity of 120,000 dwt and four of 35,000 dwt.

In an interview with the Kuwait daily al-Anba, the Chairman and Managing...