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Kuwait Oil Tanker Company

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.

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.

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.

Operations

KOTC provides maritime transportation services including:

  • Crude oil transportation
  • Refined petroleum product shipping
  • Liquefied petroleum gas (LPG) transport
  • Bunkering services

The company operates internationally, serving markets in Asia, Europe, and North America.

Fleet

As of 2024, Kuwait Oil Tanker Company's fleet consists of crude oil carriers, product tankers, LPG carriers, and bunkering vessels.

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.

See also

References