News: HORMUZ STRAIT

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posted by kamalkali1962 104 days ago
Do you have any idea what in the terminology of transport geography `CHOKEPOINTS’ are? Straights are called `Chokepoints’ because they limit the capacity of sea passage that cannot be easily bypassed. Two thirds of world`s oil production are transported by sea routes. This has been in continuance since 1878, when the first oil tanker began shipping oil in the Caspian sea. Ever since the world`s maritime tanker fleet has grown substantially to become a specialized segment of the maritime industry. Like seven wonders, seven seas, seven days; the seven `Chokepoints’ through which oil is transported play a very crucial role, maintaining the global oil demand- supply equation and obviously the price! The seven `
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  • Avatar | written by denny 100 days ago Rating: 0 | Rate comment: + -

    hey thats a very good piece of info karna....will like to read the second part post it soon......


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