Handymax

Source: Wikipedia, the free encyclopedia.
Handymax Bulk Carrier "Orientor 2"

Handymax and Supramax are

Very Large Ore Carriers and Chinamax
.

A handymax ship is typically 150–200 m (492–656 ft) in length, though certain bulk terminal restrictions, such as those in Japan, mean that many handymax ships are just under 190 meters (623 ft) in overall length. Modern handymax and supramax designs are typically 52,000 58,000 t DWT in size, have five cargo holds and four cranes of around 30 tonnes working load, making it easier to use in ports with limited infrastructure. The average speed depends on size and age.

The cost of building a handymax is driven by the laws of supply and demand. In early 2007 the cost building a handymax was around $20 million. As the global economy boomed, the cost doubled to over $40 million, as demand for vessels of all sizes exceeded available yard capacity. After the

Global Economic Crisis in 2009, the cost fell back to $20M.[3] As of 2018, the average price was £23 million.[citation needed
]

References

  1. ^ "Definition: Handysize". Gerson Lehrman Group. Archived from the original on 2008-12-05. Retrieved 2009-01-05.
  2. ^ "Ship sizes". IMC brokers. 2007-03-26. Archived from the original on 2012-12-04. Retrieved 2010-11-12.
  3. ^ "Higher new build prices mean higher dry bulk shipping share prices". Marketrealist.com. 2013-10-03. Archived from the original on 2021-01-26. Retrieved 2022-01-01.

External links