VOL. XXXVI

NO. 30

26-APRIL-1993

KUWAIT

KOTC Sells Crude Oil Tanker For $6.5Mn

The Kuwait Oil Tanker Company (KOTC) - a subsidiary of the state-owned KuwaitPetroleum Corporation (KPC) - has sold its 336,109 dwt crude oil tanker Al-Jabiriyahto an undisclosed Greek firm for $6.5mn. The sales contract was signed on 24March. KOTC took delivery last year of four 280,000-dwt tankers built in SouthKorean yards (two by Daewoo and two by Hyundai) - namely Al-Shuhada (themartyrs), Al-'Awdah (the return),...