VOL. XLV

No 19

13-May-2002

KUWAIT

KOTC Sells Three US-FlaggedTankers

KuwaitOil Tanker Company (KOTC) in April sold three of its oil tankers that wereUS-flagged and were introduced at the time of the 1980-87 Iran-Iraq war whenArab vessels were coming under attack from the Iranians. KOTCChairman 'Abd Allah al-Roumitold MEES that the three oil producttankers, OceanCity, SeaIsleCity and ChesapeakeCity, had exceeded their 20-year workinglife. They were old,single-hull vessels, he said, and there was...