Traditional Culture Encyclopedia - Traditional virtues - What does the marine cargo unit WS mean?
What does the marine cargo unit WS mean?
Ws means worldwide. It describes the comparison between the cost and income of oil tankers. WS 100 refers to the breakeven point of 70,000-ton oil tanker at 14.5 knots. Other ship types can be modified accordingly. Generally speaking, when WS reaches 65, VLCC breaks even. So in this paper, WS reaches 152, which is profiteering.
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