KOTC, Hyundai ink $214m gas tankers deal

Mubasher: Kuwait Oil Tanker Company (KOTC) and Hyundai Heavy Industries have signed a $213.36 million contract to build three immense gas tankers.

The deal with the South Korean construction firm is part of a major KOTC fleet overhaul, as reported by Kuwait News Agencu (KUNA).

The deal involves constructing three liquefied gas tankers at a cost of $71.12 million per tanker, the marine transport company said in a statement to KUNA.

Mubasher Contribution Time: 24-Jan-2018 15:32 (GMT)
Mubasher Last Update Time: 24-Jan-2018 15:32 (GMT)