Drilling is an ancient practice. The trade of crude oil between nations and across seas is a century old occurrence. The idea of using some type of shipping container — be it sacks, bales, crates or barrels — to carry crude oil also dates back to ancient times. Now, fast forward to the present. Modern tank shipping celebrated its 60th anniversary in 2016 and many buyers and sellers of crudes utilize ocean transportation as their primary method to ship Oil Barrels and services between countries.

The act of enagaging in drilling and it operations has led to a revolution in the Oil industry and international trade. Risks such as delays, pilfering, damage, and loss also decreased due to increased efficiencies and better tracking systems.