Risk & markets
VLCC / Suezmax / Aframax
Standard crude-tanker size classes, from very large down to medium.
What is VLCC / Suezmax / Aframax in shipping?
Crude carriers are grouped by capacity. A VLCC (Very Large Crude Carrier) holds roughly 2 million barrels; a Suezmax (about 1 million barrels) is the largest that can transit the Suez Canal laden; an Aframax (around 600,000–800,000 barrels) is sized to the Average Freight Rate Assessment trade. Above the VLCC sits the rarer ULCC. The classes set which berths, canals and routes a ship can use.
Educational reference only — verify operational guidance with UKMTO, MSCHOA, your flag state, P&I club and legal counsel.
Related terms
- Chokepoint — A narrow, strategically critical stretch of water that concentrates global shipping.
- Demurrage — Money the charterer pays the owner when loading or discharge runs past the agreed laytime.
- Laytime — The free time allowed under a charter for loading or unloading cargo.