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deadweight tonnage

   Also found in: Legal, Acronyms, Wikipedia 0.01 sec.
deadweight tonnage [′ded‚wāt ′tən·ij]
(naval architecture)
The total carrying capacity of a ship expressed in long tons (1 long ton = 2240 pounds); displacement of a fully loaded ship, less the weight of the ship itself. Abbreviated dwt. Also known as deadweight capacity.


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We predict that demand of the ships for civil use will reach 11 million tons in 2005; the production capacity of China's shipping industry will reach 9 million deadweight tonnage.
Since we retain 68% of our deadweight tonnage in the spot market and will have ten vessels with profit sharing, we will continue to excel in strong markets.
 
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