Definition of Worldscale. Meaning of Worldscale. Synonyms of Worldscale

Here you will find one or more explanations in English for the word Worldscale. Also in the bottom left of the page several parts of wikipedia pages related to the word Worldscale and, of course, Worldscale synonyms and on the right images related to the word Worldscale.

Definition of Worldscale

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Meaning of Worldscale from wikipedia

- Worldscale is a unified system of establishing payment of freight rate for a given oil tanker's cargo. Worldscale was established in November 1952 by...
- for crude oil tanker charters are most commonly based on the Worldscale Index; the Worldscale ****ociation publishes flat rates annually. For some specific...
- often referred to as Worldscale, is established and governed jointly by the Worldscale ****ociations of London and New York. Worldscale establishes a baseline...
- over a certain route (e.g. for iron ore between Brazil and China), in Worldscale points (in case of oil tankers). Alternatively may be expressed in terms...
- find some Freight Rates for some types of trucks and several regions. Worldscale, a unified system of establishing payment of freight rate for a given...
- and many were sold on the international market. In this period, the Worldscale was introduced to determine freight tariffs. Until 1956, tankers were...