The signing ceremony of the tanker delivery was conducted in Kuwait by KOTC's Deputy Chairman and Deputy Managing Director for Administrative Affairs and Projects Sheikh Ali Al-Humoud Al-Sabah and Daewoo's representative for the Middle East and India P. K. Park.
The vessel has successfully completed all necessary tests and assessment measures according to international standards, the statement added.
Al-Rigga is 330m long and is 60m wide, with a speed of 16.2 knots per hour and has a quick unloading capacity of less than 24 hours.
With the latest addition, KOTC now owns a fleet of 24 tankers of varied sizes and roles that will aid it in fulfilling the needs of the global marketing sector.
The Kuwaiti company is expected to receive two oil derivatives' tankers in February and April next year respectively and is continuing its third phase of fleet renewal, after having approved funding last January, with contractual procedures for the phase set to be completed before the end of 2011.