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"Suezmax" is a naval architecture term for the largest ship measurements capable of transiting the Suez Canal in a laden condition, and is almost exclusively used in reference to tankers. The limiting factors are beam , draft , height (because of the Suez Canal Bridge ), and length [ 1 ] (even though the canal has no locks ).
Nineteen of these were VLCC size, 19 were Suezmax, 51 were Aframax, and the rest were smaller designs. [73] By comparison, 8.0 million DWT, 8.7 million DWT, and 20.8 million DWT worth of oil tanker capacity was built in 1980, 1990, and 2000 respectively. [73] Ships are generally removed from the fleet through a process known as scrapping. [74]
An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. [1] The term is based on the Average Freight Rate Assessment (AFRA), a tanker rate system created in 1954 by Shell Oil to standardize shipping contract terms. [2] Due to their favorable size, Aframax tankers can serve most ports in the world.
The ship had a deadweight tonnage, or carrying capacity, of approximately 81,000 tons, a measurement that put it at the small end of the Aframax class of tankers, smaller than most carriers of crude oil but larger than most carriers of refined products.
Where the refinery of oil had taken place near the well earlier, this moved to the consumer location during this stage. Oil production in the Middle East developed and the dominance of product tankers was replaced by crude oil carriers. Soon, Panamax tankers were built, soon followed by Aframax and Suezmax tankers because of economics.
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The company's current fleet (as at 31 March 2021) totals 11 DPSTs, 9 VLCCs, 28 Aframax, one Panamax, 6 Suezmax and 19 clean tankers. Expansion plans include a further 11 vessels that are currently being built. The latest fleet list can be found on their website. [6]
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