Main Types of Vessels
Modern cargo vessels range from small coasters to very large bulk carriers and ultra large tankers, but generally fall into a number of types. The use of the terms below evolves quickly and they are not precisely defined.
Where terms are defined, this is intended to reflect current market practice rather than to impose a definition on the market. For the purpose of its information production, the Baltic does operate specific definitions in order to provide clarity. However, this does not imply that these broader definitions are erroneous, but that they are indicative only.