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Does RightShip have age limitations for dry bulk vessels?

April 26, 2017age bulk dry limitations rightship vessels

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Does RightShip have age limitations for dry bulk vessels?

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RightShip reviews risk factors and assesses vessels on a case by case basis, so there is no absolute age limit. We do however have triggers in the system so that when vessels reach set ages the system will require further review including an inspection before the ship can be recommended for approval. These trigger ages include: • RightShip Age Ceiling (General) • Handy – 30 Years of Age (<60000 dwt) • Panamax - 30 Years of Age (>60000 dwt / < 90000 dwt) • Cape - 25 Years of Age (without CAP2) (>90000 dwt) • Age limitations set by RightShip customers.