April 16, 2024

The Big Business of Oil Tankers

The world of oil shipping and tanker vessels is big money. Tankers will cost millions to buy, so are obviously a very specialized product limited to only a few buyers. Among the huge sales that take place, one of the largest this year will be a plan for Euronav to spend US$1.2 billion on a massive 18 tankers. Euronav is the world's largest listed … [Read more...]