Oil Tanker Sails to Libya as Nation Seeks to Resume Exports
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An oil tanker is sailing to the Libyan port of Mellitah, a sign the nation may be resuming energy exports after months of fighting that led to the ouster of Muammar Qaddafi, ship-tracking data show.
The Newlead Avra, capable of hauling about 540,000 barrels, signaled earlier today about 30 miles from the Libyan coast, the data compiled by Bloomberg show. The 229-meter (750-foot) vessel is 7.9 meters deep in the water, compared with a maximum draft of 14.45 meters when fully loaded. It can carry crude or refined-oil products, according to Bureau Veritas Group, which monitors ships’ compliance with laws on seaworthiness.