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Oil is a strategic business and market economics operate within a political framework
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Accidents
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Piracy
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Fossil fuels provide about 95%of all commercial energy in the world
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Sustainable or renewable energy resources currently provide less than 3%of world power needs
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Nuclear energy provides about twice as much energy as renewable sources
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Ships intended for transportation of all types of liquid chemicals
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"Drugstore ships"
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Unrefined (crude) oil
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Approx 500 ULCC/VLCC
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Lightening is common [transferring between two ships]
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Gas carriers are ships intended for transportation of compressed or liquefied gas
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Large scale LNG trade is characterized by long term commitments contracts between seller and buyer
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Cheatography n. The art of mapping complex subjects into clear, instantly navigable reference guides.
