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Iraq needs to buy tankers to boost oil exports: minister

Iraq needs to intensify plans to buy oil tankers to boost crude exports and increase the country’s revenues, Oil Minister Bassim Khudair has said.

  • Iraq's Oil Minister Bassim Khudair urges purchase of 10 supertankers for oil exports.
  • Khudair proposes $2 billion investment for tanker acquisition with various financing options.
  • Iraq exported 3.4 million barrels per day in October, similar to pre-Hormuz crisis levels.

EmissionLink calls for EU ETS revenues to fund maritime carbon capture trials and port infrastructure

Maritime emissions specialist,EmissionLink, has called for a dedicated proportion of EU Emissions Trading System (EU ETS) revenues to be invested in onboard carbon capture trials and supporting port…

  • EmissionLink urges EU ETS revenues for maritime carbon capture trials and port infrastructure.
  • IMO developing interim safety guidelines for onboard carbon capture systems.
  • EmissionLink calls for demonstration projects, emissions accounting, and commercial arrangements.

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