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KOTC Receives Bids for Tankers Maintenance and Repairs

Dubai-based Drydocks World has submitted the lowest bid to the Kuwait Oil Tanker Company (KOTC) for a contract to undertake maintenance and repairs for Kuwaiti oil tankers for a period of two and a half years.

 

Two companies have submitted bids. Drydocks World submitted a bid of $11.83mn while Bahrain-based Arab Shipbuilding and Repair Yard Company (ASRY) submitted an offer worth $12.7mn.

 

Kuwait has a fleet of 32 ships that are designed to ship crude oil or liquified natural gas.

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