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 February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Stronger Panamaxes Boost Baltic Sea Freight Index

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments.

Tank Coating for Navig8 Chemical Carrier Newbuilds

Shipowner Navig8 is progressing application of Interline9001, an advanced cargo tank coating from AkzoNobel’s International marine coating product range, on a series

Bestobell Bags Hat Trick Order in China

Bestobell Marine, part of the President Engineering Group, has received its third order in the past 12 months from Hudong Zhonghua shipyard in China. The deal

Navy

Australia Announces Patrol Boat Tender

Tender announced for Pacific Patrol Boat Replacement Project   The Australian Government announced a Request for Tender (RFT) to replace the Pacific Patrol Boats

6 NATO Ships Begin Joint Black Sea Exercise

Six NATO warships, including Turkish, Bulgarian and Romanian vessels, have arrived to the Black Sea to start joint training exercises.    NATO ships assigned

Fire Aboard US Navy Ship

A fire broke out aboard a U.S. Navy amphibious dock landing ship USS Gunston Hall (LSD 44) at approximately 2 p.m. yesterday while the ship was undergoing maintenance

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2081 sec (5 req/sec)