KUWAIT: Kuwait Oil Tanker Company (KOTC) announced its successful launch of Al-Mubarakia liquefied gas tanker in the sea with the help of Hyundai Heavy Industries in Ulsan, South Korea. Director of the fleet construction projects group and spokesperson of the KOTC Captain Yousef Al-Saqer said in a statement that the tanker, which is the first of three gas tankers built by Hyundai Heavy Industries, was launched on June 12, 2019. Saqer pointed out that the building process is going as scheduled and the tankers are expected to be delivered ahead of schedule. KOTC is now in the fourth stage of developing its fleet in line with Kuwait Petroleum Corporation's (KPC) plan to provide strategic and marketing needs, he added. Saqer noted that the fourth stage includes eight tankers involving three large gas tankers built by Hyundai Heavy Industries in Korea, four petroleum tankers built by Hyundai Mipo, and a large crude petroleum tanker built by Bohai shipbuilding Heavy Industry Company in China. - KUNA

KOTC