KOTC orders VLCC at Bohai Shipbuilding Heavy Industry

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 construction of a 318,000 dwt VLCC.

The total value of the contract is $79.7m and delivery of the vessel is expected take place at the end of 2020.

KOTC currently operates a feet of 31 vessels made up of 24 tankers, four LPG vessels and three OSVs.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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