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09 January 2009 The on-line newspaper devoted to the world of transports 05:39 GMT+1



November 21, 2002

Global trade keeps 7,000 ships afloat

By Carl Mortished, International Business Editor
The Times

THE ill-fated Prestige was a pawn in a global trade in oil worth more than $100 billion (£64 billion) every day. The world's largest and deepest commodity market moves 43 million barrels of crude from wells in the Gulf, Africa and Asia to refineries in Europe, America and Japan every 24 hours. ......
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