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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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