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Examples
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Should Libyan oil supply stop, aframax rates would probably reverse their gains, said Ben Goggin, head of tanker derivatives at SSY Futures Ltd., a unit of the second-largest shipbroker.
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Rental income from aframax tankers, capable of carrying about 600,000 barrels of oil, jumped to $49,123 a day yesterday, from $2,511 on Feb. 14, data from the Baltic Exchange in London show.
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Average aframax earnings had jumped to nearly $50,000 30,330.60 pounds a day in early March when fighting prompted a scramble by buyers to get cargoes out of Libya.
Reuters: Top News 2011
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Average aframax earnings had jumped to nearly $50,000 30,330.60 pounds a day in early March when fighting prompted a scramble by buyers to get cargoes out of Libya.
Reuters: Top News 2011
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Libyan cargoes typically move on smaller aframax vessels, Jakob of Petromatrix said.
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Teekay's web site shows aframax tanker rates sliding from $40,000/day at the start of 2009 to well below $10,000/day.
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TEN's remaining newbuilding program includes one DNA-aframax crude carrier of 105,000 dwt and two suezmaxes of
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This chart on Teekay's web site shows aframax tanker rates sliding from $40,000/day at the start of 2009 to well below $10,000/day.
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Teekay's web site shows aframax tanker rates sliding from $40,000/day at the start of 2009 to well below $10,000/day.
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"From a panamax size ship to an aframax, which means that it's about another 10 metres wide and several metres deeper," he said.
hernesheir commented on the word aframax
An Aframax ship is a tanker smaller than 120,000 metric tons deadweight (DWT) and with a beam above 32.31 meters. They are employed in the Black Sea, China Sea, Carribean and the Mediterranean.
August 28, 2009
hernesheir commented on the word aframax
These -max ship classes and terms need to show up on reesetee's nautical/maritime lists...
August 29, 2009