View example sentences and word forms for Capesize.

Capesize

Capesize meaning

Of a freight ship or oil tanker: exceeding the maximum dimensions of all major canals (Panama, Suez, etc.), therefore having to use one of the Cape routes to pass from ocean to ocean.

Example sentences (3)

Our fleet currently consists of 16 Capesize vessels with an average age of 12 years, of which nine have scrubbers installed.

The Capesize index gained 12 points, or about 1%, to 1,311.

The company aspires to be cash flow positive when capesize rates cross 13,900 USD per day and intends to distribute all its free cash flow as dividends once the vessels have delivered.