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: