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Annex 7 269<br />

Oil tankers<br />

Source: BRS (2009) and Alphaliner (various years)<br />

Figure 43: Historical development of average ship size of cellular fleet<br />

For the oil tankers, we derive the number of ships per size category, applying the first methodology (see Figure<br />

41) to derive the distribution of the capacity over the ship size categories as well as the expected average size<br />

of the ships per size category.<br />

Tankers are usually divided in several size categories:<br />

• Small<br />

• Handysize<br />

• Handymax<br />

• Panamax<br />

• Aframax<br />

• Suezmax<br />

• Very large crude carrier (VLCC)<br />

• Ultra large crude carrier (ULCC).<br />

The sizes of these ships differ somewhat. For the purpose of our inventory model and ship projection model,<br />

the following bins have been defined:<br />

Table 38 – Size bins for tankers<br />

Capacity range (dwt) Size category<br />

0–4,999 Small<br />

5,000–9,999 Small<br />

10,000–19,999 Handysize<br />

20,000–59,999 Handymax<br />

60,000–79,999 Panamax<br />

80,000–119,999 Aframax<br />

120,000–199,999 Suezmax<br />

200,000–+ VLCC, ULCC

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