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The big news for ocean shipping freight rates this week is demand out of the oil-producing nations of West Africa, which is pushing up rates for the second-largest category of crude oil tanker.
"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 ).
Dredging and tugging aimed at freeing a mega vessel stuck in the Suez Canal failed on Friday to end a blockage that has lifted shipping rates for fuel tankers and scrambled global supply chains ...
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A typical Malaccamax tanker can have a maximum length of 333 m (1,093 ft), beam of 60 m (197 ft), draught of 20.5 m (67.3 ft), and tonnage of 300,000 DWT. [2] Similar terms Panamax, Suezmax and Seawaymax are used for the largest ships capable of fitting through the Panama Canal, the Suez Canal and Saint Lawrence Seaway, respectively.
Handysize is a naval architecture term for smaller bulk carriers or oil tanker with deadweight of up to 50,000 tonnes, [1] although there is no official definition in terms of exact tonnages. Handysize is also sometimes used to refer to the span of up to 60,000 tons, with the vessels above 35,000 tonnes referred to as Handymax or Supramax.
SS Torrey Canyon was an LR2 Suezmax class oil tanker with a cargo capacity of 118,285 long tons (120,183 t) of crude oil. She ran aground off the western coast of Cornwall, United Kingdom, on 18 March 1967, causing an environmental disaster. At that time she was the largest vessel ever to be wrecked.
Continuous heavy rains, massive flooding and landslides across the Philippines killed at least 13 people and displaced more than 600,000, and an oil tanker capsized off the country’s coast ...