Kuwait
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Tankers
Gunvor secures AMPTC LR2 newbuilds
Swiss-based commodity trading giant Gunvor, through its shipping subsidiary Clearlake, has secured modern LR2 tonnage from Arab Maritime Petroleum Transport…
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Tankers
Tankers International pool adds Kuwait Petroleum and TRF VLCCs
UK-based VLCC pool operator Tankers International is expanding with the addition of two ships from newcomer Kuwait Petroleum Corporation (KPC),…
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Gas
AMPTC returns to South Korean yard for VLGC duo
Arab Maritime Petroleum Transport Company (AMPTC) has returned to its shipbuilder of choice, Hyundai Heavy Industries (HHI), with an order…
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Tankers
AMPTC offloads LR2 pair
Arab Maritime Petroleum Transport Company (AMPTC) has offloaded a pair of 2008-built LR2 tankers to undisclosed buyers. Multiple brokers reported…
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Middle East
Kuwait bans ships carrying goods to and from Israel
Kuwait has issued a decree banning the entry of commercial vessels carrying goods to and from Israel from its territorial…
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Tankers
AMPTC returns to Hyundai Heavy for dual-fuel LR2 quartet
Arab Maritime Petroleum Transport Company (AMPTC) has returned to its shipbuilder of choice, Hyundai Heavy Industries (HHI), with an order…
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Operations
Abandoned seafarers to return home after two-year ordeal
The International Transport Workers’ Federation (ITF) has reported that the 19 remaining crewmembers of the abandoned Aswan bulker will be…
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Middle East
Kuwati firm buys the world’s largest livestock carrier
Australian live export company Wellard is selling the world’s largest purpose-built livestock vessel, the , for $53m to Kuwait’s Al…
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Middle East
Kuwait follows India’s lead in banning single-use plastic onboard
Kuwait has joined India in banking single-use plastic onboard ships Enforcement of India’s requirement for ships to keep single-use…
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Asia
X-Press Feeders boxship and KOTC tanker collide at Chittagong Port
The 1,688 teu feeder boxship X-Press Mahananda and 46,300 dwt MR2 tanker Burgan collided on the Karnaphuli channel near Chittagong…
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Middle East
KOTC books VLGC trio at Hyundai Heavy
Kuwait Oil Tanker (KOTC) has placed an order for the construction of three 84,000 cu m VLGCs at South Korean…
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Middle East
KOTC puts its oldest VLCCs up for sale
Kuwaiti Oil Tankers Company (KOTC) has put its two oldest VLCCs up for sale as part of its ongoing fleet…
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Middle East
KOTC splashes for four MRs at Hyundai Mipo
Kuwait Oil Tanker Company (KOTC) has signed a contract with South Korea’s Hyundai Mipo Dockyard for four medium range product…
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Middle East
KOTC tanker fleet set to double through to 2040
Kuwait has outlined plans to more than double its tanker fleet by 2040. Kuwait Petroleum Corp CEO Nizar al-Adsani, speaking…
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Middle East
KOTC orders VLCC at Bohai Shipbuilding Heavy Industry
State-owned Kuwait Oil Tanker Company (KOTC) has signed a shipbuilding contract with China’s CSIC-affiliated Bohai Shipbuilding Heavy Industry for the…
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Middle East
KOTC orders three VLGCs at Hyundai Heavy Industries
Kuwait Oil Tanker Company (KOTC) has signed shipbuilding contracts with South Korean shipbuilder Hyundai Heavy Industries for the construction of…
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Middle East
Tristar gets $100m investment from Kuwait
Kuwait-based Gulf Investment Corporation (GIC) has bought a $100m equity stake in UAE-based Tristar Group. Tristar will use the funds…
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Middle East
KOTC readies tanker ordering spree
Kuwait Oil Tanker Company (KOTC) is readying a series of orders with the devaluation of the yen giving Japanese yards…
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Middle East
KOTC set for newbuild spree
Kuwait Oil Tanker Company (KOTC) has revealed that it is looking to order three VLGCs, one VLCC, and four MR…
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Middle East
UASC posts biggest operating loss of any major container line
United Arab Shipping Company (UASC) has posted its financial figures publically for the first time, revealing a -9% operating loss…
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