Al-Iraqia Shipping Services & Oil Trading (AISSOT) is shortly commencing bunkering operations at Iraqi Ports mainly at Basra, Khor Al-Zubair and Umm Qasr. AISSOT is a joint-venture company of Iraqi Oil Tankers Company (IOTC) & Arab Maritime…
Al-Iraqia Shipping Commences Bunkering Operations in Iraq Read More »
The 98,500 dwt vessel is due for delivery in the first quarter of 2021
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The tanker market is about to receive some new direction towards the end of the week, should OPEC’s summit changes the current status quo in oil production. In its latest weekly report, shipbroker Gibson noted that “the current dynamics in the oil mark…
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In April this year the International Maritime Organization (IMO) outlined its vision to reduce greenhouse gas emissions from shipping by at least 50% by 2050. This, along with other policy initiatives such as reducing the sulphur content in marine fuel…
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