ULCC stands for Ultra Large Crude Carrier - an oil chemical or petroleum tanker that is generally larger than 300000DWT.

An Ultramax Bulk Carrier is a medium-sized vessel which is geared meaning it has its own cranes onboard for the on and off-loading of cargo. The typical Ultramax Bulker has a cargo capacity of 61000 to 72999 DWT. They are also referred to as an Ultramax Vessels.

An Ultramax Vessel is a medium-sized Bulk Carrier. The vessels are geared meaning they have their own cranes onboard for the on and off-loading of cargo. The typical Ultramax Vessel has a cargo capacity of 61000 to 72999 DWT. They are also referred to as an Ultramax Bulk Carrier.

Unseaworthiness is a ship’s condition in respect of its construction condition equipment and even crew with regards to the manner in which it is to be used. If any aspect of a vessel is in disrepair damaged or ill maintained or if the crew is deemed to be insufficient to handle the ship and her cargo the vessel may be considered unseaworthy and unable to sail.