Nautical Term: OBO (Oil-bulk ore (carrier))
Definition of OBO (Oil-bulk ore (carrier))
The OBO, or Oil-bulk ore carrier, is a unique type of vessel engineered for the transportation of both oil and bulk ores. For instance, a mining company in the Caribbean might hire an OBO to transport bauxite ore from the island to a European port, while simultaneously carrying a cargo of crude oil for delivery to a refinery along the way.
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