RE: Kraken's production & FCF matters16 Jun 2019 17:08
londoner7
One will not use the gross- or net tonnage when computing a tankers cargo. DWT is the number you should look at, and deduct the weight of crew, water, fuel etc. which will be a rather small number, a couple of % of the DWT max.
Kraken can store 600kbo, therefore hook up will likely happen when at 500kbo to provide some extra time in case of issues.
Also, pretty much every offload is conducted by an aframax, which has a higher day rate than smaller tankers. That would suggest that a capacity of 400kbo is not enough - 500-560kbo is probably correct and fits well with the aframax standard capacity of about 750kbo.