Handymax Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
GLBS | F | Globus Maritime Limited | 0.27 | |
BDRY | D | Breakwave Dry Bulk Shipping ETF | 1.18 | |
SHIP | C | Seanergy Maritime Holdings Corp | 0.27 | |
GOGL | C | Golden Ocean Group Limited | 1.44 | |
SBLK | C | Star Bulk Carriers Corp. | 0.64 | |
GNK | C | Genco Shipping & Trading Limited | 0.91 | |
STNG | B | Scorpio Tankers Inc. | 1.10 | |
ESEA | B | Euroseas Ltd. | -2.34 | |
EGLE | B | Eagle Bulk Shipping Inc. | 0.00 | |
NMM | B | Navios Maritime Partners LP | -0.32 |
Related Industries: Marine Shipping Shipping & Ports
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
BOAT | A | SonicShares Global Shipping ETF | 10.41 | |
SEA | A | U.S. Global Sea to Sky Cargo ETF | 4.28 | |
PXJ | C | PowerShares Dynamic Oil Services | 2.88 | |
TWIO | C | Trajan Wealth Income Opportunities ETF | 2.42 | |
XTN | B | SPDR S&P Transportation ETF | 2.01 |
Compare ETFs
Date | Stock | Title |
---|---|---|
Jul 2 | NMM | Best Value Stocks to Buy for July 2nd |
Jul 2 | STNG | Scorpio Tankers Sees Continuation Of Elevated Oil Transport Contracts |
- Handymax
Handymax and Supramax are naval architecture terms for the larger bulk carriers
in the Handysize class. Handysize class consists of Supramax (50,000 to 60,000 DWT), Handymax (40,000 to 50,000 DWT), and Handy (<40,000 DWT). The ships are used for less voluminous cargos, even allowing for combining different cargos in different holds. Larger capacities for dry bulk include Panamax, Capesize and Very Large Ore Carriers (VLOCs), or Chinamax.
The architecture is not defined for maximum route (as Panamax and Suezmax is), but the term is used in shipping markets. These smaller ships usually have self-loading capacity, making it easier to use in ports with limited infrastructure.
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 30 tonnes (33.1 short tons; 29.5 long tons) lifting capacity. The average speed of a vessel varies depends on size and age of vessel. For example the m/v Dessi has an average speed of 8.4 knots but a max speed of 15.7 knots. The ship the DD VIGOR (IMO: 8109034, MMSI: 375089000) is a good example of a handymax Bulk carrier. She is registered in Saint Vincent and the Grenadines and has a deadweight of 42221 tons .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 $20,000,000. As the global economy boomed the cost doubled to over $40,000,000, as demand for vessels of all sizes exceeded available yard capacity. After the Global Economic Crisis in 2009 the cost fell back to $20M.
Recent Comments
- TraderMike on Bollinger Band Squeeze
- TraderMike on Bollinger Band Squeeze
- OpenCat584 on Bollinger Band Squeeze
- Dr_Duru on Expansion Breakout
- TraderMike on New Scans: Strong, Oversold Stocks and Weak, Overbought Stocks
From the Blog
Featured Articles