KOTC gets new tanker

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KUWAIT CITY, Nov 23: Kuwait Oil Tanker Company (KOTC) will receive a giant crude oil tanker in April 2021, reports Al-Anba daily quoting a reliable source. The source revealed this will complete the company’s order for eight oil tankers and other products, the contracts for which were signed years ago.

According to the source, this stage of the fleet modernization is part of Kuwait Petroleum Corporation’s (KPC) projects for the year 2040 and included in the plan to modernize its fleet. He said the current fleet consists of 32 tankers and this is considered strategic until 2040, clarifying that there is no plan to add new tankers as the idea is to be satisfied with what it owns now in terms of oil and gas tankers and products.

He affirmed all the tankers have modern global specifications that keep pace with the best technical specifications, modern technology, global requirements, and standards of the International Maritime Organization and its strategy to reduce greenhouse gas emissions. He added these tankers are designed according to the regulations and standards of major oil companies and international classification societies

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