An oil tanker, also known as a petroleum tanker, is a merchant ship designed for the bulk transport of oil. There are two basic types of oil tankers: the crude tanker and the product tanker. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets.
Oil tankers are often classified by their size as well as their occupation. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight (DWT) to the mammoth ultra large crude carriers (ULCCs) of 550,000DWT. Tankers move approximately 2,000,000,000 metric tons (2.2×109 short tons) of oil every year. Second only to pipelines in terms of efficiency, the average cost of oil transport by tanker amounts to only two or three United States cents per 1 US gallon (3.8L).
An Iranian envoy to the United Nations has issued a stern warning against acts of piracy targeting tankers carrying Iran’s oil cargos at sea, urging the international community to condemn such illegal measures that endanger freedom of navigation.
Read more WATCH Iranian Navy forces’ encounter with US destroyers over oil tanker. The statement doesn’t specify when the maritime forfeiture operations were conducted, but claims that the petroleum products were seized from four foreign-flagged tankers in or around the Arabian Sea while en route to Venezuela... .
X Register for free to receive latest news stories direct to your inbox. Register ... The trial is part of Speedy’s strategy to transition to a fully low carbon fleet by 2030, which recently saw the business move to fuelling delivery vehicles, HGVs and tankers with hydrotreated vegetable oil (HVO) at 21 of its biggest locations across the country ... .
NOLA Oil Terminal will be the first of its kind in the region, allowing Mississippi River access for much larger vessels, such as the New-Panamax* and the Suezmax.** ... Once completed and operational, Amedee explains that NOLA Oil Terminal will be able to accommodate up to six tankers each week ... NOLA Oil Terminal, LLC.
For some of the vessels, which included cargo ships and tankers, it was weeks of captivity along the route while they waiting for assistance from the icebreakers ... Included in these ships was a larger Finish bulker, which had entered the Bering Strait in early November but had become stuck waiting for assistance as well as a Russian tanker.
For the past few years, Canada has seen a marked decline in oil and gas investment ... Similarly, the Trudeau government passed Bill C-48, which bans large oil tankers carrying Canadian oil off B.C.’s northern coast and limits access to new markets. In the medium-term, global oil and ...
BP said the world’s most important oil benchmark was ... In the past, aggressive buying sprees have left market prices surging while giant tankers holding the oil that underpinned those values sat anchored along the Scottish coast, suggesting lacklustre demand for the cargoes.
The court heard multiple motorists called police about a black Mercedes driving erratically in the area of Highway 402 and Oil HeritageRoad in Plympton-Wyoming around 7 a.m ... Two Lambton OPP officers coming from opposite directions on Oil Heritage Road approached the car.
“On the face of it, this appears to be relatively good news for the tanker market, but OPEC has kept the door open to change their mind and reverse the increase or even lower crude oil output if the Omicron variant ends up having a strong negative impact on oil demand,” Poten pointed out.
“The FederalPolice, based on the evidence and other elements of conviction produced, concluded that there was sufficient evidence that an oil tanker flying the Greek flag was responsible for the launch of the oleaginous substance that reached the Brazilian coast,” the police said on December 2.
However, oil tanker charter rates remain at "very low levels" despite an expected recovery in oil demand. "Our expectation is that earnings have troughed and that the next 12 months will at least show a steady development for tanker carriers," Harlid said ... .
The daring and innovative Operation Trident sank and damaged a number of Pakistani ships and set Karachi’s oil storage on fire at no cost to the Indian Navy (IN) ... Three of the targets were ships, the last being the Kemari oil farm which was set on fire again ... The fourth missile hit the PN fleet tanker PNSDacca damaging it beyond repair.
The claim that the magnitude of the November 3 oil spillage in Nembe, Bayelsa State is worse than the 2010Gulf of Mexico oil spill, is an exaggeration and purely politics ... Nembe oil spill ... “The talk of 2 million barrels, which is about two super tankers of oil spilling from the well, is spurious. The oil would have spread over the entire country.
MUMBAI ...The Indian Navy carried out another daring attack on the intervening night of December 8-9, when INS Vinash, along with two frigates, launched four Styx missiles, sinking the Pakistan naval fleet tanker Dacca and inflicting substantial damage to Keamari oil storage facility in Karachi. “There were no damages reported to the Indian forces ... .