Iraq Allocates $25M for Tanker Purchase

Tuesday, April 18, 2006
An official at the Iraqi Oil Tanker Company announced that the Transport Ministry has allocated $25 million to buy two oil tankers, the Middle East North Africa Financial Network reported. The capacity of each tanker will be 10,000 tons of crude oil. Iraq had its own tanker fleet but most of the ships were sunk during the country's wars with Iran in the 1980’s and the U.S. wars, one in 1991 and the other in 2003. However, the company still had a few ships with a total capacity of 60,000 tons. Iraq had two super tankers, each with more than 1 million barrels capacity. (Source: Middle East North Africa Financial Network)
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

North Sea: Potential VLCC Moves to South Korea

North Sea Forties crude differentials were unchanged on Wednesday in very quiet pre-Easter trade, with dealers still watching two potential VLCC shipments to Asia

All Items Approved at Stolt-Nielsen Meeting

Stolt-Nielsen Limited announced that all agenda items were approved and all nominated directors were elected at its Annual General Meeting of shareholders held yesterday in Bermuda.

Petrobras, Mitsui Study South Brazil LNG Import Terminal

Brazil's state-run oil company Petroleo Brasileiro SA and Japanese trading house Mitsui Corp will study building a liquefied natural gas (LNG) terminal in the country's southernmost state,

Navy

Today in U.S. Naval History: April 16

Today in U.S. Naval History: April 16 1863 - Union gunboats pass Confederate batteries at Vicksburg 1924 - Navy commences relief operations in Mississippi Valley floods,

Australian Navy Assists French Fishing Vessel

While patrolling in the Indian Ocean off the coast of Africa, Royal Australian Navy ship HMAS Darwin provided emergency medical assistance for a heart attack victim on a French fishing vessel.

Search Resumes in S. Korean Ferry Disaster

Poor weather conditions may hamper effort; Mystery surrounds capsize of ship; Nearly 280 people still missing, many of them teenagers South Korean coastguards

 
 
Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0997 sec (10 req/sec)