Single Hull Tankers not Welcome in UAE after 2010

Thursday, September 18, 2008

Single-hull tankers will not be allowed to trade in the UAE after 2010 despite indications by some Asian countries that they will welcome the tankers beyond the international phase-out deadline.
The International Maritime Organization (IMO), says all vessels more than 20 years old must be withdrawn from service, while all single-hull vessels have to be replaced by double-hull ones by 2010.

charterers of very large crude carriers (VLCCs) have rapidly increased the number of double-hull tankers they are hiring this year as they steer clear of single-hulls, which are being turned away from some ports in Europe and the .

Source:  business24-7

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

Tanker Trends

Shipping Industry Faces Shake Up

As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate

Vessel Sales: February 2015

Vessel sales for February 2015  - (as of March 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built -  - (Age)

Oil Storage at Sea Stalls as Profit Play Fades

Traders are cutting plans to use tankers to store oil at sea as the price incentive recedes, the global head of oil at mining and commodities group Glencore's said on Tuesday.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction 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: 0.3842 sec (3 req/sec)