Tankers Prepare To Load Iraqi Crude

Tuesday, July 03, 2001
Crude oil traders were getting into position to lift Iraqi crude as Baghdad's one-month stand-off with the United Nations plays out, with nine supertankers waiting in the wings to load cargoes on Tuesday. "There are nine ships on subjects (contract subject to confirmation), but those deals might not all fly," said a London tanker broker. "It all depends on pricing." Iraq said it would seriously consider resuming U.N.-supervised oil sales if the United Nations agreed an unconditional renewal of existing sanctions measures, which it is expected to do at a meeting later on Tuesday. A shipping source said that with 1.4 million barrels of crude in storage at Ceyhan, Turkey, and the pipeline from Iraq still full, things could move quickly. - (Reuters)
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

MARAD Seeks Comments on Proposed Policy for Deepwater Export Applications

The Maritime Administration (MARAD) is seeking comments on the agency’s proposed policy to accept, evaluate and process license applications for the construction

Oil Drillers Group to Fight U.S. Export Ban

More than a dozen U.S. oil producers have joined to lobby the federal government to reverse the 40-year-old ban on U.S. crude exports, a move that supporters hope

WFW Advises ING Bank on $340m Loan Facility for Euronav

Watson, Farley & Williams (WFW) has advised ING Bank N.V. (ING) as sole bookrunner and facility agent for a syndicate of banks on a $340 million loan facility made available to Euronav NV.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Port Authority 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: 0.0712 sec (14 req/sec)