KOTC to Tender for Four Vessels

Friday, September 29, 2006
Kuwait Oil Tanker Company (KOTC) said it would issue a tender in the next few months to build four 300,000-tonnes crude oil tankers as part of plans to upgrade its fleet. Chairman Abdullah Al Roumi said Asian shipbuilding companies were expected to take part in the tender. He said each tanker was expected to cost between $120 million-$130 million. 'It will cost more this time compared to the previous cost of $100 million for a tanker because the price of shipbuilding materials has increased worldwide,' Roumi said. He said nine other tankers are already being built and will be delivered in 2007 and that KOTC planned to build two more tankers in the future. Source: Trade Arabia
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Steven Palazzo Visits HII, Newport

Huntington Ingalls Industries today hosted Rep. Steven Palazzo, R-Miss., for a tour of the company's Newport News Shipbuilding division. Palazzo represents the fourth district of Mississippi,

Everett College to Launch New Research Boat

Everett Community College’s Ocean Research College Academy (ORCA) will launch its new research vesel on November 22 with a celebration at 11 a.m. at the Port of Everett.

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Port Authority Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1259 sec (8 req/sec)