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The gross tonnage calculation is defined in Regulation 3 of Annex 1 of The International Convention on Tonnage Measurement of Ships, 1969. [3] It is based on two variables, and is ultimately an increasing one-to-one function of ship volume: V, the ship's total volume in cubic metres (m 3), and; K, a multiplier based on the ship volume.
The Panama Canal/Universal Measurement System (PC/UMS) is based on net tonnage modified for Panama Canal purposes. PC/UMS is based on a mathematical formula to calculate a vessel's total volume; one PC/UMS net ton is equivalent to 100 cubic feet (2.83 m 3) of capacity. [2]
The net tonnage calculation is based on a number of factors, one of which is the moulded draft d.The choice of the value to use for d can be complicated. For ships subject to the International Convention on Load Lines, the Summer Load Line draft is used, with the exception of cases where that is a timber load line.
Ship-owners and buyers negotiate scrap prices based on factors such as the ship's empty weight (called light ton displacement or LTD) and prices in the scrap metal market. [70] Scrapping rates are volatile, the price per light ton displacement has swung from a high of $650 per LTD in mid-2008 to $200 per LTD in early 2009, before building to ...
OOCL G-class container ship Container ship: 399.9 m (1,312 ft) 61.3 m (201 ft) 235,341: In service COSCO Shipyard Group: OOCL: ONE Innovation: ONE I-class container ship Container ship: 399.9 m (1,312 ft) 61.4 m (201 ft) 235,311: In service Japan Marine United Corporation: Ocean Network Express: Nissei Maru: Globtik Tokyo class Supertanker
The table is based on the annual maritime shipping statistics provided by the British Government and the Department for Transport. It is complete and correct for the year ending 2012. [1] Statistics are published on an annual basis every September. 2022 numbers are given for actual country of ownership for dwt tonnage.
George Moorsom ordered the entire fleet of British merchant ships to be measured according to the new System and then divided the total gross tonnage by the total registered tonnage. The result was 98.22 cubic feet (2.781 m 3 ) per gross ton, which was rounded to 100 cu ft (2.8 m 3 ) per ton.
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport (truck, ship, train, aircraft), the weight of the cargo, and the distance to the delivery destination.