Morocco Orders $20 Million Oil Tanker from South Korea to Boost Coastal Shipping
In order to boost the coastal shipping sector in a difficult context, Morocco has commissioned a large-capacity oil tanker from a South Korean company, which is expected to be delivered next year.
Valued at $20 million, this tanker has been ordered from the South Korean Dae Sun Shipbuiding by Petrocab, reports Challenge, specifying that it is a "handy size" of 9,000 DWT (deadweight tonnage, loading capacity) that will sail under the Moroccan flag.
To recall, Petrocab is currently managed by a board of directors with shareholders Vivo Energy Maroc (Shell), Libya Oil Maroc, Total Maroc, Société Nationale des Produits Pétroliers (SNPP), Pétrole du Maghreb (Petrom), and the Moroccan Hydrocarbon Company (CMH).
Today, petroleum products account for 50% of national coastal shipping, which amounts to 6 million tons, mainly containers and hydrocarbons, the same source specifies.
Related Articles
-
Tax Authorities Probe Suspected Money Laundering in Moroccan Businesses
6 June 2025
-
Russia Blocks Moroccan Blueberry Shipment Over Dangerous Pest Concerns
6 June 2025
-
Royal Air Maroc Leases Two Boeing 737-8 MAX Jets to Expand Fleet
5 June 2025
-
Cash Crunch Fears Grip Morocco Ahead of Eid al-Adha Bank Holiday
5 June 2025
-
EasyJet Resumes Toulouse-Marrakech Flights, Expands Winter Routes
4 June 2025