By Yaqoub Yousif Al-Khudhur, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.
Restructuring and Change of Ownership as a Prerequisite for Expanding the Iraqi Oil Tankers Company: An Analytical Feasibility Study
Since Iran began closing the Strait of Hormuz and Iraqi crude oil exports from its southern oil ports came to a halt ... discussion has proliferated across traditional media and various social media platforms - among politicians, media figures, analysts and activists, and even ordinary members of the public, many of whom have neither the knowledge nor the practical experience of maritime transport in general, or crude oil transport in particular.
Some ask: "Why does Iraq not own a fleet of large and giant crude oil tankers?" Others claim that "if Iraq owned a fleet of large and giant crude oil tankers, it would have been able to export its crude oil from its southern ports," and thereby secure the revenues from crude oil sales that make up 85-90% of its total income.
This article attempts to answer that question.
Click here to read the full article (PDF, Arabic).
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