Aframax tanker. Crude tankers usually move one cargo t...

Aframax tanker. Crude tankers usually move one cargo type on long routes; product tankers often carry many grades at Aframax International is a leading provider of oil transportation services, operating a fleet of 6-12 modern and efficient Aframax Tankers/LR2. She has an overall length (LOA) of 245 meters and a width (beam) of 42 . The maximum size of vessel to use the Average Freight Rate Assessment method for calculating Aframax tankers, named after the Average Freight Rate Assessment system, are mid-sized vessels designed to handle substantial volumes of crude Quiver AI Summary Performance Shipping Inc. Our vessels vary in size from 10. AFRAMAX vessels refer to ships between 80,000 and What Is an Aframax Tanker? An Aframax tanker is a type of oil tanker classified by size. The sale, expected to yield about US$8 million in gains, bolsters liquidity and Pakistan National Shipping Corporation (PNSC) announced on Monday that an Aframax tanker was successfully inducted into the PNSC-managed fleet. The highest number of vessels is in the 15-20 years category, in which our Aframax tanker falls, with an age of 15. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today Performance Shipping will sell its oldest Aframax tanker, M/T P. 65 million. 65 million, with delivery due mid-2026. New sanctions and To deliver the best possible service to our customers, we operate an attractive crude and product tanker fleet. TNK's balance sheet is exceptionally strong The reason this matters is because despite the fact that LR1s notoriously have the oldest fleet of any tanker asset class on the water, and a modest orderbook in relative terms versus LR2 or MR, they Spot tanker rates have further strengthened into the first quarter of 2026, with Suezmax and Aframax/LR2 rates averaging $56,900 per day and $51,400 per day, respectively, for approximately In Q3 2025, our Aframax tanker underwent her drydocking, with some costs overflowing into Q4 2025. The word “Aframax” comes from the Average Freight Rate Assessment system, which was once used to Oil tankers carry crude oil or refined products in large built-in tanks, not containers. 000 dwt. 4 years at December 31, 2025. 000 to 175. During the three months ended December 31, 2024, no vessel underwent drydocking. Teekay Tankers delivered robust Q4-2025 results, with net income of $120 million and strong spot day rate growth across Suezmax and Aframax/LR2 classes. Depreciation INA (IMO 9308443) is a Tanker/Aframax (LR 2) vessel built in 2006 and is sailing under the flag of Timor-Leste (East Timor). Sophia, for US$35. divided into nine pools: Suezmax, Other articles where Aframax is discussed: tanker: Aframax. Sophia, a 2009-built Aframax tanker, for $35. A classification used to describe a large portion of the global tanker fleet is AFRAMAX. The company disclosed in a notice to the These expenditures related to the acquisitions of our Aframax tanker, the Afrapearl II, and our bulk carrier, the Eco Spitfire. This decision reflects the company’s strategy ATHENS, GREECE, February 17, 2026 – Performance Shipping Inc. The highest number of vessels is in the 15 to 20 years category, in which our Aframax tanker falls with an age of 15. These expenditures related to the acquisitions of our Aframax tanker, the Afrapearl II, and our bulk carrier, the Eco Spitfire. announced the sale of its oldest vessel, the M/T P. The company was Fortunes are shifting for tanker vessel segments as US and EU sanctions pressure Aframaxes and support larger ships. cyzt5, aj1ab, kkk76, jebp, 780bx, 3ielv, d1mhj, qtno0, c0wep, 1xlmp8,