KOTC Looking to Order Eight New Vessels

  • Business & Finance

Kuwait Oil Tanker Company (KOTC) has opened a shipyard pre-qualification process for the design, construction and delivery of up to eight vessels.

Namely, the company, a subsidiary of Kuwait Petroleum Corporation, said that the pre-qualification process is for three Very Large Gas Carriers (VLGC), one Very large Crude Carrier (VLCC) and four Medium Range (MR) tankers.

KOTC informed that the VLCGs should have a volume of 82,000 to 84,000 m3 and a maximum length of 230 meters. The VLCC is to feature around 317,000 dwt, while the MRs should feature some 50,000 dwt.

Shipyards interested in taking part in the process have been invited to register by filling in the applications and forms for the pre-qualification process, according to KOTC.

Yards have until December 20 to submit their applications.

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