Capesize definition
Examples of Capesize in a sentence
In consideration for the provision of the Services listed in Schedule “A” by NSM to NMLP, NMLP shall, during the first two (2) years of the initial term of this Agreement, pay NSM a fixed daily fee of US$4,000 per owned Panamax Vessel and $5,000 per owned Capesize Vessel, payable on the last day of each month, as set forth in the table below.
The Group currently owns one modern Capesize, one modern Panamax and eighteen modern grabs fitted Supramaxes including two Supramaxes which will be disposed by the Group later in 2008 as announced by the Company on 11 April 2008 and 16 April 2008.
The discrepancy between the quantile hedge ratios and the conventional hedge ratios implies that quantile hedge should be preferred for the Capesize vessels to avoid potential over- or under-hedge.
The MLP shall, not later than the 15th calendar day following receipt of such notice, notify Navios Maritime if the MLP will acquire any Panamax Carrier Asset or Capesize Carrier Asset forming part of the business or package of assets.
In this paper, we investigate the hedging performance of the forward freight agreements (FFAs) of different time horizons, focusing on the Capesize and Pana- max vessels which are the most important carriers in the dry bulk sector.
Until December 31, 2019, a fixed daily fee of US$4,325 per owned Panamax Vessel, US$4,225 per Ultra-Handymax Vessel, US$5,250 per owned Capesize Vessel, US$6,700 per owned Post-Panamax Container Vessel, payable on the last day of each month.
Subject to Section 7.4 and except as permitted by Section 2.2, each of the Navios Maritime Entities shall be prohibited from acquiring or owning any Panamax Drybulk Carrier or Capesize Drybulk Carrier subject to a Qualifying Contract.
We used for the purposes of this analysis the most important dry bulk vessel size, the Capesize at the major loading area in Brazil with a destination to China.We examined the correlation of spot freight rates in the spot and futures market along with the development of Capesize supply.
As of November 13, 2023, Star Bulk had a fleet of 117 vessels (on a fully delivered basis), with an aggregate capacity of 13.2 million dwt, consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax and Supramax vessels with carrying capacities between 53,489 dwt and 209,529 dwt.
The Owner is the ________ of a Capesize bulk carrier with the name “name of vessel” with IMO No. _______ registered under the ____________ flag (the “Vessel”); and (b) The Owner wishes to appoint the Company as the agent of the Owner to arrange and maintain certain services for the Vessel, on the terms and conditions set out herein.