Search results
Results from the WOW.Com Content Network
Worldscale. Worldscale is a unified system of establishing payment of freight rate for a given oil tanker 's cargo. Worldscale was established in November 1952 by London Tanker Brokers' Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result.
The freight rate of a tanker charter party is specified in one of four ways: by a lump sum rate, by rate per ton, by a time charter equivalent rate, or by Worldscale rate. [48] In a lump sum rate arrangement, a fixed price is negotiated for the delivery of a specified cargo, and the ship's owner/operator is responsible to pay for all port costs ...
Aframax. 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.
A tanker (or tank ship or tankship) is a ship designed to transport or store liquids or gases in bulk. Major types of tankship include the oil tanker (or petroleum tanker), the chemical tanker, cargo ships, and a gas carrier. Tankers also carry commodities such as vegetable oils, molasses and wine. In the United States Navy and Military Sealift ...
EADS/Northrop Grumman KC-45. The Airbus A330 Multi Role Tanker Transport (MRTT) is a European aerial refuelling and military transport aircraft based on the civilian Airbus A330. A total of 15 countries have placed firm orders for approximately 78 aircraft, of which 60 had been delivered by 30 June 2024. [2]
The Boeing KC-46 Pegasus is an American military aerial refueling and strategic military transport aircraft developed by Boeing from its 767 jet airliner. In February 2011, the tanker was selected by the United States Air Force (USAF) as the winner in the KC-X tanker competition to replace older Boeing KC-135 Stratotankers.
For tanker owners, the Six-Day War of 1967 was of greater importance. The Suez Canal closed until 1975 and freight rates skyrocketed because of the shortage of tonnage now ships had to pass the Cape of Good Hope. [46] Even larger tankers were now built, [47] as the limitations of the Suez Canal were not governing anymore. In only a couple of ...
The T2 tanker Hat Creek in August 1943. The T2 tanker, or T2, was a class of oil tanker constructed and produced in large numbers in the United States during World War II. Only the T3 tankers were larger "navy oilers" of the period. Some 533 T2s were built between 1940 and the end of 1945. They were used to transport fuel oil, diesel fuel ...