KUWAIT

Repairs Cheaper than Insurance Says KOTC Chief 

The Chairman and Managing Director of the Kuwait Oil Tanker Company (KOTC), Mr. 'Abd al-Fattah al-Badr, has told the Kuwaiti newspaper al-Rai al-'Amm that the cost of repairing the three KOTC tankers damaged in the Iraq-Iran war - the Kazimah (294,759 dwt), Bahrah (30,509 dwt) and Umm al-Aish (81,283 dwt) - amounted to between $800,000 and $1mn, and that the company's fleet, which is fully operational, is not at...