Global Oil Logistics: Ships, Fleets and Tracing. Tips for Traders.

In the world of oil and oil products trading, an efficient transport system plays a key role. From the oilfields to consumers around the world, oil moves in huge volumes, and the main method of this movement is by sea in specialised vessels known as tankers. In this article we look at the variety of ships used to transport oil, the main tanker fleets in the world, the major ship owners and how to track their movements on the seas.

Varieties of oil transport ships

There are several types of tankers designed for the transport of crude oil and petroleum products. Among them, the most common are:

    Self-Discharge Tankers: Equipped with their own pumps for self-unloading of oil.

    Crude Oil Tankers: Designed to transport crude oil from oil fields to refineries.

    Chemical Tankers: Used to transport not only petroleum products but also various chemicals.

    LNG Tankers: Designed for the carriage of liquefied natural gas.

Tanker fleets in the world

The largest tanker fleets are usually owned by different countries and companies. Among the largest fleets are those of Saudi Arabia, China, Greece, Japan and other countries with active oil industries. The largest ship owners include companies such as Saudi Aramco, National Iranian Tanker Company, and China COSCO Shipping Corporation.

To read the full article on global oil transport logistics, please visit our REFRAT website at this link.

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