Sentence examples for tanker capacity from inspiring English sources

Fleet operators have been actively scrapping older single-hull ships as new double-hulls become available, but even so, about a third of large-scale oil deliveries worldwide this year will still be made by single-hulled vessels, and the looming shortage of tanker capacity may lead operators to extend their service lives.

There simply is not enough spare tanker capacity in the world to transport much more oil from the Persian Gulf.Early this week, the British Government indicated its concern about the situation by quietly asking many of the country's largest industrial companies to submit plans about how they could reduce their oil consumption.

The company will use the ipo funds to more than double its tanker capacity, to 1.5 million deadweight tons.

Stelios is the younger son of Loucas Haji-Ioannou Loucas Haji-Ioannou, a self-made Cypriot who made his fortune buying old tankers cheaply when no one wanted them, twice cashing out when there was a shortage of tanker capacity.

The Misplaced Assumption That excess oil tanker capacity and falling charter and spot rates will drive conversion of tankers to dry bulk vessels, which will undermine dry bulk rates.

Stelios is the younger son of Loucas Haji-Ioannou, a self-made Cypriot who made his fortune with Troodos Shipping, buying old tankers cheaply and reselling come the next shortage of tanker capacity.

Tanker capacities vary from less than 100,000 barrels to more than 3,000,000 barrels.

The smallest tankers, with capacities under generally work near-coastal and inland waterways.

The original tanker had a capacity of 30,000 gallons, roughly equivalent to that of three tractor-trailers, Mr. Fruchter said.

Classified according to their capacities, tanker types most commonly discussed are: VLCC, which carry over 200,000 metric tons of oil; Suezmax, which may pass through the Suez Canal and carry 125,000 to 200,000 metric tons of oil; and Aframax, which stands for American Freight Rate Association size, and which carry 80,000 to 125,000 metric tons of oil.

The pipeline is one of two so-called Bosporus bypass systems circumventing the straits between the Black Sea and the Mediterranean, which are operating at capacity in tanker traffic.