tanker trade

Tanker trade involves the transportation of large quantities of liquid cargo, primarily oil, gas, and sometimes chemicals or liquefied natural gas (LNG), across global waters. These specialized ships, called tankers, move raw materials from extraction sites or producers to refineries, storage facilities, and end-users. The trade is driven by supply and demand for energy resources, and it plays a crucial role in the world economy by ensuring energy security. Tanker routes and schedules are influenced by geopolitical factors, regional demand, and transportation costs, making it a vital, complex component of international trade.