Kuwait's Agility inks $200m deal with oil giant Shell

  • Share via facebook
  • Tweet this
  • Bookmark and Share

Kuwaiti group Agility said its fuel logistics unit Tristar Transport had signed a $200 million charter contract with Royal Dutch Shell for six new tankers.

The seven-year deal has an option for an additional three years, Agility said in a filing to the Dubai stock exchange which was published on Thursday.

The tankers will be delivered in 2016, it said in the statement.

Related:
Companies

Market Performance

Agility - Kuwait
12.8
0.0 0.0 (%)
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Changing course: Flynas CEO Paul Byrne

Changing course: Flynas CEO Paul Byrne

For nearly a decade, Saudi Arabia’s second airline struggled...

New era for Saudi Arabia's aviation sector

New era for Saudi Arabia's aviation sector

Saudi Arabia’s aviation market has been one of the most highly...

1
Emirates Engineering: maintaining the airline's growing fleet

Emirates Engineering: maintaining the airline's growing fleet

The backroom mechanics of any airline can be fascinating, not...

Most Discussed
sponsoredTracking