The biggest moving objects ever built by man, oil tankers dominate the world’s waterways, both in size and numbers. Upwards of 10000 strong, the world tanker fleet’s vast number results from the modern, insatiable thirst for oil. We’ll dig into the history of oil transport–from Civil War days to the critical WWII years and invention of the supertanker in the 1950s. And we examine the financial impact of modifying these steel leviathans to prevent future catastrophic environmental disasters. TVPG An oil tanker, also known as a petroleum tanker, is a merchant ship designed for the bulk transport of oil. There are two basic types of oil tankers: the crude tanker and the product tanker. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move petrochemicals from refineries to points near consuming markets. Oil tankers are often classified by their size as well as their occupation. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight (DWT) to the mammoth ultra large crude carriers (ULCCs) of 550000 DWT. Tankers move approximately 2000000000 metric tons (2.2×109 short tons) of oil every year. Second only to pipelines in terms of efficiency, the average cost of oil transport by tanker amounts to only two or three United States cents per 1 US gallon (3.8 L). Some specialized types of oil tankers have evolved. One of these is the …
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