Tuesday, September 20, 2011

Shipping Glossary



Suezmax - The tanker which can pass through the Suez Canal fully loaded (120,000 -199,999 dwt.). Draft of 20m

Aframax - American Freight Rate Association - approximately 75,000 - 119,999 dwt. Draft of 14m.

Panamax - The tanker which can pass through the Panama Canal fully loaded (approximately 50 ,000 - 74,999 dwt.). Draft of 12m. New Panamax - Draft of 15m.