Handymax

{{Short description|Ship size class}}

File:Bulker at sunset.JPG

Handymax and Supramax are naval architecture terms for the larger bulk carriers in the Handysize class. Handysize class consists of Supramax (50,000 to 60,000 DWT), Handymax (40,000 to 50,000 DWT), and Handy (<40,000 DWT). The ships are used for less voluminous cargoes, and different cargoes can be carried in different holds.{{cite web |url=http://www.glgroup.com/Dictionary/EI-Handysize.html |title=Definition: Handysize |website=Gerson Lehrman Group |access-date=2009-01-05 |archive-date=2008-12-05 |archive-url=https://web.archive.org/web/20081205153137/http://www.glgroup.com/Dictionary/EI-Handysize.html |url-status=bot: unknown }}{{cite web |url=http://www.imcbrokers.com/blog/overview/p/detail/ship-sizes-from-handymax-to-ulcc |title=Ship sizes |website=IMC brokers |date=2007-03-26 |access-date=2010-11-12 |archive-date=2012-12-04 |archive-url=https://web.archive.org/web/20121204051522/http://www.imcbrokers.com/blog/overview/p/detail/ship-sizes-from-handymax-to-ulcc |url-status=dead }} Larger capacities for dry bulk include Panamax, Capesize and Very Large Ore Carriers and Chinamax.

A handymax ship is typically {{convert|150|-|200|m|ft|0|abbr=on}} in length, though certain bulk terminal restrictions, such as those in Japan, mean that many handymax ships are just under {{convert|190|m|ft|0|sp=us}} in overall length. Modern handymax and supramax designs are typically 52,000 {{DWT|58,000|metric}} in size, have five cargo holds and four cranes of around 30 tonnes working load, making it easier to use in ports with limited infrastructure. The average speed depends on size and age.

The cost of building a handymax is driven by the laws of supply and demand. In early 2007 the cost building a handymax was around $20 million. As the global economy boomed, the cost doubled to over $40 million, as demand for vessels of all sizes exceeded available yard capacity. After the 2008 financial crisis, the cost fell back to $20M.{{cite web |url=http://marketrealist.com/2013/10/higher-new-build-prices-mean-higher-dry-bulk-shipping-share-prices/ |title=Higher new build prices mean higher dry bulk shipping share prices |publisher=Marketrealist.com |date=2013-10-03 |accessdate=2022-01-01 |archive-date=2021-01-26 |archive-url=https://web.archive.org/web/20210126122245/https://marketrealist.com/2013/10/higher-new-build-prices-mean-higher-dry-bulk-shipping-share-prices/ |url-status=live }} As of 2018, the average price was £23 million.{{citation needed|date=March 2021}}