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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 ).
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.
As a result, several tanker operators laid up their ships. Prices rose significantly in 2015 and early 2016, but delivery of new tankers was projected to keep prices in check. [54] Owners of large oil tanker fleets include Teekay Corporation, A P Moller Maersk, DS Torm, Frontline, MOL Tankship Management, Overseas Shipholding Group, and Euronav ...
As of 31 December 2010, Frontline's tanker and OBO fleet consisted of 73 vessels. The fleet consists of 44 VLCCs, which are either owned or chartered in, 21 Suezmax tankers which are either owned or chartered in and eight Suezmax OBOs which are chartered in. Frontline also had five VLCC newbuildings and two Suezmax newbuildings on order and three VLCCs under their commercial management.
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]
The oil tanker St Nikolas (formerly Suez Rajan) has been involved in two geopolitically prominent seizures, by the United States and Iran.In April 2023 the Greek-managed Marshall Islands-flagged oil tanker Suez Rajan was seized by US authorities, for breaching US sanctions against Iranian oil, which fell under US jurisdiction due to the use of US financial services.
Handymax Bulk Carrier "Orientor 2" Handymax and Supramax are naval architecture terms for the larger bulk carriers in the Handysize class. Handysize class consists of Supramax (50,000 to 60,000 DWT), Handymax (40,000 to 50,000 DWT), and Handy (<40,000 DWT).
MV Berge Athene, a capesize bulk carrier of 225,200 DWT, built in 1979. Capesize ships are the largest dry cargo ships with ball mark dimension: [i] about 170,000 DWT (deadweight tonnage) capacity, 290 m long, 45 m beam (wide), 18m draught (under water depth). [1]