NO. 33



KOTC Takes Delivery Of New LPG Carrier

The Kuwait Oil Tanker Company (KOTC) took delivery at the end of April of oneof two 78,000-cu. m. LPG carriers built in Japan by Mitsubishi Heavy Industriesat a cost of $122mn. The vessel, named Gas al-Mitla, was ordered in 1990 priorto the Iraqi invasion of Kuwait. According to Mr. 'Abd Allah al-Rumi, Chairmanof KOTC's Board of Directors, the second LPG carrier - Gas al-Qarin - isscheduled to be delivered next month. With...