About this document
Transporting Oil by Sea by Bhupesh is a document available to read on EtoBox.
Oil shipping constitutes nearly a third of global maritime trade, with the fleet capacity increasing by 73% since 2000. Crude oil remains the dominant product transported, although shipments of refined products and liquefied natural gas are on the rise due to changes in the refining industry and growing demand. Key shipping routes pass through strategic locations like the Strait of Hormuz and the Panama Canal, with ongoing expansions to accommodate increasing trade demands.
- Author
- Bhupesh
- Language
- EN