Capesize definition
Examples of Capesize in a sentence
Capesize VesselA dry bulk vessel above 80,000dwt or whose beam precludes passage via the Panama Canal and thus forces them to pass around Cape Horn or the Cape of Good Hope.
Coal Receiving FacilityThe IPP’s coal receiving facility is designed to unload vessels of up to Capesize, where the site has access to deep water of 18 m draft.
Seanergy provides marine dry bulk transportation services through a modern fleet of Capesize vessels.
In January 2016, the Company took delivery of Golden Barnet, Golden Bexley, Golden Scape and Golden Swift, two Capesize and two Newcastlemax dry bulk newbuildings.
Assuming delivery of the last of our contracted vessels in 2020, our fleet will be comprised of 14 Panamax class vessels, 10 Kamsarmax class vessels, 14 Post-Panamax class vessels and four Capesize class vessels, and the aggregate carrying capacity of our 42 vessels will be 3,862,000 dwt.
The freight cost per tonne associated with this route is captured in the C3 Baltic Capesize Index (“C3”) which is considered the reference ocean freight cost for iron ore shipped from the Americas to Asia.
In May 2016, the Company took delivery of Golden Fulham, a Capesize newbuilding.
For the Panamax class, the various market-, demand-, and supply-related variables produce the same impact as in the Capesize class, although their explanatory power appears to be stronger.
CDSPA $ Bulk Carrier Capesize, 5 years old180,000 mt dwt built in “first class competitive yard", European standard B & W main engine, 199,000cbm grain, LOA 290m, beam 45m, draft 18.2m SSW.
It is also capable of burning bituminous coals in the event of emergency.Coal Receiving FacilityThe IPP’s coal receiving facility is designed to unload vessels of up to Capesize, where the site has access to deep water of 18 m draft.