“World scale” beneficial for owners
World Scale Average Freight Rate Assessment (AFRA)
Tag: AVERAGE FREIGHT RATE ASSESSMENT
World Scale & AFRA Scale
World Scale 1. World Scale is the “World Tanker Nominal Freight Scale” and is a schedule of freight rates applying to tankers carrying Oil in bulk. 2. Nominal means that the freight rates which world scale provides are intended solely as a standard of reference. 3. World Scale is available on a yearly subscription basis….