kuwait in 556 million deal with daewoo for 5 new tankers
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Kuwait in $556 million deal with Daewoo for 5 new tankers

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Arab Today, arab today Kuwait in $556 million deal with Daewoo for 5 new tankers

Kuwait - Spa

Kuwait Oil Tanker Co (KOTC) has signed a $556 million contract with South Korea's Daewoo Shipbuilding & Marine Engineering to build five new tankers, according to a report of Kuwait News Agency (KUNA). The four double-hull very large crude carriers (VLCC) will be able to carry 2.2 million barrels of crude each while the fifth vessel is for oil products with a capacity of 800,000 barrels, it was quoted as saying by Reuters. Kuwait will take delivery of the tankers in early 2014.

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kuwait in 556 million deal with daewoo for 5 new tankers kuwait in 556 million deal with daewoo for 5 new tankers

 



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kuwait in 556 million deal with daewoo for 5 new tankers kuwait in 556 million deal with daewoo for 5 new tankers

 



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