Tanker Delivered to KOTC

October 24, 2011

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. Al-Rigga is 330m long and is 60m wide, with a speed of 16.2 knots per hour and has a quick unloading capacity of less than 24 hours.
(Source: http://www.kuna.net.kw)

Logistics News

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Subscribe for Maritime Logistics Professional E‑News

Turkey maintains its commitment to the contested "Kanal Istanbul" project
Indian port operator JSW Infra is looking inwards to ease tariff-hit trade woes
Russian ESPO Blend oil shipping rates are at their lowest level since January, traders report