Kuwait Oil Tanker Company (KOTC) was established in 1957 by a group of Kuwaiti pioneers who envisioned the crucial role of transportation of Kuwait’s natural resource by sea to meet the worldwide energy demand.
In 1976, the Kuwaiti government decided to become a partner in KOTC with a 49% stake, thereby providing a strong and vital boost to its development.
In 1979, the government acquired full control of the Company's capital to bring all its oil operations under one corporation. When Kuwait Petroleum Corporation (KPC) was established in 1980, KOTC became the transportation arm for the Kuwaiti Oil Sector.
In 2014, KOTC introduced new tankers thus, completing a multi-billion dollar modernization and expansion.
KOTC owns a distinguished fleet of ships that consists of 29 tankers, with a total capacity of 4.9 million tons, consisting of 12 VLCCs, 11 Product Carriers (5 LR2, 4 MR, and 2 LR1), 4 VLGC, 2 Bunker vessels.
KOTC is recognized as one of the top tanker companies in the world whose vessels have continuously gained industry acclaims for design innovation, energy efficiency, environmental initiatives and for setting performance benchmarks.
Fleet vessels trade worldwide; mainly in Europe, Middle East and Far East.
LPG Filling Branches & Marine Agency
The Marine Agency branch was established in 1959 and acts as sole agent for all tankers calling at Kuwait’s oil terminals.
Two LPG Filling Plants were established to meet Kuwait’s requirements for the filling and distribution of LPG cylinders for local industry and domestic consumption.
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A Saudi publicly-listed company, Bahri is one of the world’s foremost logistics and transportation companies.
Established in 1978, Bahri plays a leading role in the transformation and growth of the global transportation industry through innovation and delivering value-added onshore and offshore services, including transportation of crude oil, oil products, chemicals, bulk and general cargo.
Bahri is the largest owner and operator of Very Large Crude Carriers (VLCCs) in the world, and the largest owner of chemical tankers in the Middle East. Presently, the company owns and operates 84 specialized vessels, including 37 VLCCs, 36 chemical/product tankers, 6 multipurpose vessels, and 5 dry-bulk carriers, with additional 9 VLCCs on order.
Bahri offers its logistics customers a wide range of integrated services that can be easily accessed through an online e-Services facility, which provides them with information regarding voyage schedules, cargo and vessel locations, ETAs and ETDs. Simultaneously with the marine expansion, Bahri developed onshore facilities by building its own container yard at Jeddah Islamic Port, and plans are in place for a similar facility at King Abdulaziz Port in Dammam.
Bahri is committed to playing an integral and leading role in realizing Saudi Arabia’s Vision 2030,by continuously enhancing and expanding its services and presence across the world, enabling the opening of new trade routes, positioning the Kingdom as a unique regional logistics gateway to three continents, whilst maximizing returns on shareholders’ investments.
Bahri operates viasix business units includingBahri Oil, Bahri Chemicals, Bahri Logistics, Bahri Dry Bulk, Bahri Ship Management, and Bahri Data.
Bahri has around 2,400 dedicated employees across its global network of offices in Saudi Arabia, UAE, USA and India.