In a major development, Kuwait Oil Tanker Co. (KOTC) has ordered three giant liquefied petroleum gas tankers (LPG) from Hyundai Heavy Industries, reports Reuters.
- The deal was made at a cost of $213.3 million, the state-run Kuwait New Agency (KUNA) reportedly told Reuters.
- The first vessel should be delivered at the end of 2019, said KUNA, citing an announcement by KOTC Chief Executive Officer Sheikh Talal Khaled Al-Sabah
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