Deadweight Tonnage (DWT)
Deadweight Tonnage refers to the total carrying capacity of a vessel including cargo fuel water crew passengers and supplies.
Definition
Deadweight Tonnage refers to the total carrying capacity of a vessel including cargo fuel water crew passengers and supplies. Measured in metric tons (1 metric ton = 1000 kg) DWT is an important metric for assessing a ship's full load capacity and overall efficiency. Higher DWT vessels are capable of transporting larger cargo volumes making this metric critical for shipping cost calculations and voyage planning
Related Terms
Dangerous Goods (DG)
Materials or substances that pose a risk to health safety property or the environment.
DDP (Delivered Duty Paid)
An Incoterm in which the seller assumes full responsibility for delivering the goods to the buyer's designated location including all costs duties and taxes.
DDU (Delivered Duty Unpaid)
An Incoterm that requires the seller to deliver goods to the buyer's designated location excluding import duties and taxes.
Declared Value
The monetary value that the shipper assigns to a shipment which is used to determine liability limits in the event of loss damage or theft.
Demurrage
A fee imposed by carriers when cargo remains at the port or terminal beyond the agreed-upon free storage period.
Detention
A fee charged by carriers when a shipping container is kept outside the port or terminal beyond the allocated free time for loading unloading or storage.
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