Kotc Deputy News

Grandweld Shipyards announced a contract award to design, build and deliver two 21.3M service/crew boats for Kuwait Oil Tanker Company. Contract signing was held today November 29, 2011 at Grandweld Shipyards facilities in Al Jadaf, Dubai, and the contract was signed between Mr. Jamal Abki, Grandweld General Manager, and Mr. Faisal Ali, KOTC Deputy Managing Director. The 21.3M vessels will be powered via twin waterjet installation to ensure high speed and maneuvering capabilities…

KOTC received its fourth giant oil tanker of a capacity of around 2.1 million barrels, from South Korea's Daewoo Shipbuilding and Marine Engineering Co. Al-Rigga, the last of a total of four tankers ordered from the South Korean firm carries 320,000 tons, and comes amid KOTC's (Kuwait Oil Tankers Company) second phase of plans to renew its fleet according to an agreement signed with the South Koreans in August 2008. The signing ceremony of the tanker delivery was conducted in Kuwait by KOTC's Deputy Chairman and Deputy Managing Director for Administrative Affairs and Projects Sheikh Ali Al-Humoud Al-Sabah and Daewoo's representative for the Middle East and India P. K. Park.