VESSELS & SHIPYARDS

ASRY wins repair deal for Kuwaiti vessels

12 years ago

Arab Ship Repair Yard (ASRY) of Bahrain has signed one of its biggest block repair deals with Kuwait Oil Tanker Company (KOTC), taking exclusive maintenance rights for 19 vessels over the next two and a half years under a contract valued at US$33 million.

ASRY chairman Sheikh Daij and KOTC chief executive Sheikh Talal sign the agreement

Arab Ship Repair Yard (ASRY) of Bahrain has signed one of its biggest block repair deals with Kuwait Oil Tanker Company (KOTC), taking exclusive maintenance rights for 19 vessels over the next two and a half years under a contract valued at US$33 million.