Kuwait Oil Tanker Company (KOTC) is a Kuwaiti state-owned maritime company specializing in the transportation of crude oil, petroleum products, and liquefied petroleum gas (LPG). It operates as a subsidiary of Kuwait Petroleum Corporation (KPC), the state-owned holding company responsible for Kuwait's hydrocarbon sector.[1]
History
Kuwait Oil Tanker Company was established in 1957 to support Kuwait's oil export operations and to develop a national fleet for maritime transportation.[2]
During the Iraqi invasion of Kuwait in 1990, a significant portion of the company's fleet was affected. Following the liberation of Kuwait in 1991, KOTC undertook a fleet reconstruction and modernization program.[3]
Operations
KOTC provides maritime transportation services including:
The company operates internationally, serving markets in Asia, Europe, and North America.[4]
- Crude oil transportation
- Refined petroleum product shipping
- Liquefied petroleum gas (LPG) transport
- Bunkering services
Fleet
As of 2024, Kuwait Oil Tanker Company's fleet consists of crude oil carriers, product tankers, LPG carriers, and bunkering vessels.[5]
Very Large Crude Carriers (VLCCs)
Product Tankers
LPG Carriers
Bunkering Vessels
Ownership
KOTC is wholly owned by Kuwait Petroleum Corporation, the state-owned energy holding company of Kuwait.[6]
See also
- Kuwait Petroleum Corporation
- Energy in Kuwait
- Oil tanker
- Maritime transport
References
- History www.kotc.com.kw^
- KUWAIT www.ics-shipping.org^
- KOTC focused on LPG and product tankers until 2020 www.logisticsmiddleeast.com^
- The Media Line Staff. Kuwaiti Tanker Rescues 40 Stranded Refugees in the Mediterranean The Media Line, June 13, 2025^
- KOTC Adds New Oil Tanker to its Fleet | Egypt Oil & Gas April 16, 2020^
- Kuwait Petroleum Corporation www.kpc.com.kw^