METRIC AFRA


The traditional AFRA deadweight groups continue to be used as many long standing supply contracts refer to these catagories.


In addition to this, in order to modernise the deadweight groups, the London Tanker Brokers’ Panel has introduced “Metric AFRA”.


Metric AFRA results are expressed in Worldscale points and cover six deadweight groups.


1. Metric Handy 25,000-41,999 metric tonnes
2. Metric Medium Range 42,000-59,999 metric tonnes
3. Metric Large Range 1 60,000-79,999 metric tonnes
4. Metric Large Range 2 80,000-124,999 metric tonnes
5. Metric Suezmax 125,000-184,999 metric tonnes
6. Metric VLCC 185,000-325,000 metric tonnes

Metric Clean is also available in four deadweight groups.


1. Metric Handy 25,000-41,999 metric tonnes
2. Metric Medium Range 42,000-59,999 metric tonnes
3. Metric Large Range 1 60,000-79,999 metric tonnes
4. Metric Large Range 2 80,000-124,999 metric tonnes

Contracting parties wishing to use Metric AFRA and Metric Clean should take care in ensuring that all parties are aware of the differences between this and traditional long ton AFRA.


Retrospective reports are available back to 2018.


For further information about the Panel and its services, please contact:

Ian McCarthy
Managing Director
The London Tanker Brokers' Panel Ltd
Copenhagen House
5-10 Bury Street
London EC3A 5AT

Tel +44 (0) 20 7456 6600
Fax +44 (0) 20 7456 6601
E-mail: ltbp@worldscale.co.uk