KUWAIT

KOTC Planning Expansion Of Fleet With Purchase of Nine Tankers

In line with efforts to expand and modernize its tanker fleet, Kuwait has set out plans to finalize a number of contracts with international shipyards in the next 30 days to build nine oil tankers. Speaking on the sidelines of a Kuwait National Petroleum Company (KNPC) event, Chairman and Managing Director of state-run Kuwait Oil Tankers Company (KOTC) Nabil Bouresly said the company would be signing contracts with both...