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 ...
Oil tankers are large ships that transport oil all over the world. Learn about oil tankers in this article from HowStuffWorks.
Breaking news about Oil Tankers. Find the latest articles, videos, photos and blogs about Oil Tankers.
Tanker Size There are different tanker sizes used for the international transportation of oil, from a modest coastal tanker to a VLCC or ULCC Supertanker.
OUR INDUSTRY FUNDAMENTALS. Oil is the world's major energy resource and is normally produced far from where it's refined and consumed. Because of this ...
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Oil & Gas Journal Online: Oil and gas tankers and vessels news, construction, technology, companies and information.
How does much of that oil reach America? By tanker. Today there are thousands of tankers working safely to deliver to us the energy we need. See online poster ...
Sep 16, 2014 ... The global crude oil and refined product tanker fleet uses a classification system to standardize contract terms, establish shipping costs, and ...
While no standardized system for the classification of oil tankers exists; the fleet is typically divided into four major categories based on carrying capacity.
The Company is mainly involved in the ownership and management of tankers engaged in the transport of crude oil, refined petroleum products and liquefied ...
Sep 1, 2014 ... A “ghost ship” oil tanker carrying approximately $100 million of disputed Iraqi Kurdish crude oil has reappeared on satellite imagery near the ...
Sep 17, 2014 ... Oil traders are rushing to find places to store their cheap crude, from South Africa to ... Cheap Oil and Expensive Oil Tankers: This Is Contango.
Oil tankers are often used when transporting oil across the ocean. If you work in the oil industry, you will likely come across two types of oil tankers, the crude tanker and the product tanker. Oil tankers are also known as petroleum tankers. The military uses oil tankers called naval replenishment oilers. These specialized tankers can fuel a moving vessel on the sea.
Oil tankers have been the cause of oil spills and damage to the ocean, so there are special operation and design specifications you will encounter. For example, the design of the tanker includes a cofferdam, which protects against heat, fire, and collision. The vessel may also be double-hulled to prevent leaks and spills.
When you look into purchasing an oil tanker, you should know what size you need. There are three main size categories. They include 32,000 to 45,000 DWT, 80,000 to 105,000 DWT, and 250,000 to 280,000 DWT. These oil tankers may have eight to 12 tanks inside.
The average lifespan of oil tankers is 10 years, so you should determine the cost over this amount of time to see if the purchase will benefit your company.
For more information about oil tankers, their designs, and regulations, visit the links on Business.com.
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