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net tonnage

   Also found in: Dictionary/thesaurus, Acronyms 0.01 sec.
net tonnage [′net ′tən·ij]
(naval architecture)
The volume of the interior of a ship measured in tons (100 cubic feet or approximately 2.8317 cubic meters per ton), excluding the space occupied by fuel, the engine room, navigation machinery, and the crew's quarters.


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Displacement calculates the weight of the volume of water, gross tonnage is calculated as one ton per 100 cubic feet of the internal volume of the ship, net tonnage calculates cubic capacity of the cargo space of the ship and deadweight, the weight of the cargo it is permitted to carry.
Tankers are now charged according to their residual cargo, and not the old Suez Canal Net Tonnage system, which means they can save a lot.
This traffic dropped by 30 per cent between 199195 from more than 3,500 vessels to about 2,400 with net tonnage cut from 156,800 million to 96,930 million.
 
 
 
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