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China Storing Crude Oil In Bulk By Importing Through 117 VLCC Ships
As we know that prices of crude oil have touched rock bottom, China is taking advantage of such situation by importing crude oil in bulk with help 117, very large crude carrier ships. And after processing storing the same for future. China is among the biggest importer of the crude oil in the world. Storing […]
Downward trend of US FLAG merchant fleet has stabilized but
According to the U.S. Department of Transportation, as of September 31, 2021, there were 180 U.S. flag vessels in the oceangoing self-propelled fleet of 1,000 gross tons and above. This fleet includes 79 privately-owned vessels that are engaged in international trade and 101 vessels that are either owned or operated by the U.S. government or […]



