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Net tonnage is used to calculate the port duties and should not be taken as less than 30 per cent of the ship's gross tonnage. [2] Net tonnage is not a measure of the weight of the ship or its cargo, and should not be confused with terms such as deadweight tonnage or displacement. Also, unlike the net register tonnage, the net tonnage is ...
Net register tonnage (NRT, nrt, n.r.t.) is a ship's cargo volume capacity expressed in "register tons", one of which equals to a volume of 100 cubic feet (2.83 m 3).It is calculated by subtracting non-revenue-earning spaces i.e. spaces not available for carrying cargo, for example engine rooms, fuel tanks and crew quarters, from the ship's gross register tonnage.
Gross tonnage, along with net tonnage, was defined by the International Convention on Tonnage Measurement of Ships, 1969, adopted by the International Maritime Organization (IMO) in 1969, and came into force on 18 July 1982. These two measurements replaced gross register tonnage (GRT) and net register tonnage (NRT). Gross tonnage is calculated ...
Tonnage is a measure of the capacity of a ship, and is commonly used to assess fees on commercial shipping.The term derives from the taxation paid on tuns or casks of wine. In modern maritime usage, "tonnage" specifically refers to a calculation of the volume or cargo volume of a ship.
Tonnage – A number derived from any of several methods to calculate the volume or other number indicative of a ship's cargo carrying capacity. Gross tonnage – GT – Not expressible in units of mass or weight but is based on the total volume of the vessel in cubic meters with a formula applied.
Gross register tonnage (GRT, grt, g.r.t., gt), or gross registered tonnage, is a ship's total internal volume expressed in "register tons", each of which is equal to 100 cubic feet (2.83 m 3). Replaced by Gross Tonnage (GT), gross register tonnage uses the total permanently enclosed capacity of the vessel as its basis for volume. Typically this ...
Deadweight tonnage is a measure of a vessel's weight carrying capacity, not including the empty weight of the ship. It is distinct from the displacement (weight of water displaced), which includes the ship's own weight, or the volumetric measures of gross tonnage or net tonnage (and the legacy measures gross register tonnage and net register tonnage).
This method of taxation is based on an internationally recognized variable - net tonnage - by independent certifying bodies that determine the transport capacity of the vessels. It is estimated that during the period 2005-2019, the global shipping industry as a whole paid taxes corresponding to an effective corporate income tax rate of 7% ...