The "Newlead Avra" is sailing to the Libyan port of Mellitah, a sign the nation may be resuming energy exports.
The "Newlead Avra" is sailing to the Libyan port of Mellitah, a sign the nation may be resuming energy exports. The ship which is capable of hauling about 540,000 barrels, signaled on Sep 12, 2011 about 30 miles from the Libyan coast. The vessel is 7.9 meters deep in the water, compared with a maximum draft of 14.45 meters when fully loaded. The "Newlead Avra" is on a 12-month charter to Vitol Group and currently has no cargo onboard, according to the Newlead Holdings Ltd., which owns the vessel.
