Friday, May 1, 2026
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libyan Shipping Company Purchases New Oil Tanker

January 13, 2021
Share on FacebookShare on Twitter

The Libyan General National Maritime Transport Company (GNMTC), announced the acquisition of a new oil tanker as part of its plan to develop the company’s fleet for the 2020-2023 period.

In a statement, the company said that its management chose the name, ‘Ibn Hawqal 2021’ for the new tanker. It was built in accordance with modern safety and environmental standards, under the supervision of the British Classification Authority. The new tanker is expected to greatly enhance the current fleet’s work.

In December of 2019, GNMTC launched its plan to develop its fleet and form technical committees to evaluate its ships and vessels.

The company explained that the development work includes the sale of four vessels in the first phase, namely ‘Ibn Battuta, Nasr, Al-Qaradabya, and Jabal Nafusa’. It stated that two crude oil tankers and two oil product carriers will be purchased. In the second phase, which will begin in 2021, the company will sell the two tankers ‘Al-Shahid and Al-Zafar’, and purchase two LPG tankers in the same year.

The third phase will commence in 2022, with the continued sale of ships 15 years and older, replacing them with vessels that meet the requirements of the global market. The necessary studies for future projects will be completed in 2023.

Tags: CompanylibyaoilPurchaseShippingTanker
Next Post

Guterres Mulls New UN Envoy for Libya

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya & EU Hold Talks on Migration & Security

Libyan Parliament Speaker Holds Talks With Italian Officials

Libyan Court Sentences Three to Death in Drug Trafficking Case

Egyptian Developer Doja Targets Libya With New Benghazi Projects

Libya Looks To Boost Tourism As Benghazi Prepares International Expo

Damaged Russian Tanker Brought Under Control By Libyan Authorities

EDITOR PICKS

After Years Away, UNESCO Restarts Work In Libya With New Development Plans

Libyan Parliament Speaker Holds Talks With Italian Officials

Libyan Embassy in Damascus Denies New Entry Restrictions

UN Chief Urges Tougher Action On Libya Arms Embargo

Egyptian Developer Doja Targets Libya With New Benghazi Projects

Libya Looks To Boost Tourism As Benghazi Prepares International Expo

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR