Kuwait Agility’s unit inks 7-year tankers lease contract with Shell

Agility Public Warehousing Co Kuwait, announced that its 80%-owned logistics services subsidiary Trister Transport entered into an agreement with Shell for the lease of six tankers for a period of seven years and three additional optional years.

[tbpspa]

The value of the contract is estimated at about $200 million. Meanwhile, Tristar Transport will buy six medium-range tankers specifically for this purpose, to be delivered in 2016.

KSE-listed Agility operates in building, managing and leasing warehouses and storing goods under customs control inside and outside customs zones.

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