Oil tanker

The commercial oil tanker AbQaiq, in ballast
Class overview
NameOil tanker
SubclassesHandysize, Panamax, Aframax, Suezmax, Very Large Crude Carrier (VLCC), Ultra Large Crude Carrier (ULCC)
Builtc. 1963–present
General characteristics
TypeTank ship
Tonnageup to 550,000 DWT
NotesRear house, full hull, midships pipeline

An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers.[3] Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries.[3] Product tankers, generally much smaller, are designed to move refined products 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 ultra-large crude carriers (ULCCs) of 550,000 DWT. Tankers move approximately 2.0 billion metric tons (2.2 billion short tons) of oil every year.[4][5] Second only to pipelines in terms of efficiency,[5] the average cost of transport of crude oil by tanker amounts to only US$5 to $8 per cubic metre ($0.02 to $0.03 per US gallon).[5]

Some specialized types of oil tankers have evolved. One of these is the naval replenishment oiler, a tanker which can fuel a moving vessel. Combination ore-bulk-oil carriers and permanently moored floating storage units are two other variations on the standard oil tanker design. Oil tankers have been involved in a number of damaging and high-profile oil spills.

  1. ^ Office of Data and Economic Analysis, 2006:6.
  2. ^ "Tankers Listing Dec. 2010". Archived from the original on 2012-03-18. Retrieved 2011-07-16.
  3. ^ a b Cite error: The named reference hay2 was invoked but never defined (see the help page).
  4. ^ UNCTAD 2006, p. 4.
  5. ^ a b c Huber, 2001: 211.