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August 2024 oil spill caused by attacks on the tanker Sounion; Location: Red Sea, "77 nautical miles to the West of Al Hudaydah": Coordinates: 1]: Date: 22 August 2024: Cause; Cause: Destruction of the oil tanker Sounion by Houthi militants: Operator: Delta Tankers: Spill characteristics; Volume: Up to 150,000 tons (~1 million barrels) of petroleum: The attacks on the MT Sounion refers to ...
Rear house, full hull, midships pipeline. An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. [1] Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. [1]
The next week Brent was up 7.5 percent, the most for a week since February, finishing at $90.89, while WTI ended at $87.69. Both gained the most for a day since April on October 13, with both climbing nearly 6 percent after fears the 2023 Israel–Hamas war could worsen and sanctions on some tankers carrying oil from Russia. [37]
Aframax. An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. [1] The term is based on the Average Freight Rate Assessment (AFRA), a tanker rate system created in 1954 by Shell Oil to standardize shipping contract terms. [2] Due to their favorable size, Aframax tankers can serve most ports in the world.
Worldscale. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker 's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.
Lloyd's List Intelligence is an interactive online service offering detailed vessel movements, real-time AIS positioning, information on ships, companies, ports and casualties as well as credit reports, industry data and analysis including short-term market outlook reports. It also provides support services such as consultancy, investigations ...
A tanker (or tank ship or tankship) is a ship designed to transport or store liquids or gases in bulk. Major types of tankship include the oil tanker (or petroleum tanker), the chemical tanker, cargo ships, and a gas carrier. Tankers also carry commodities such as vegetable oils, molasses and wine. In the United States Navy and Military Sealift ...
Higher valuations, a mixed macro outlook, and policy uncertainty raise the risk of further declines for stocks. Yet, odds of a bear market are low amid a strong private sector and coming rate cuts ...