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Dry Bulk Freight Index2,852▼ -2.2%Dirty Tanker Index7,999▲ +0.0%Capesize4,148▼ -4.4%Clean Tanker Index2,482▲ +0.1%Panamax2,432▲ +0.3%Supramax1,821▲ +0.4%Handysize998▲ +0.2%Dry Bulk Freight Index2,852▼ -2.2%Dirty Tanker Index7,999▲ +0.0%Capesize4,148▼ -4.4%Clean Tanker Index2,482▲ +0.1%Panamax2,432▲ +0.3%Supramax1,821▲ +0.4%Handysize998▲ +0.2%Dry Bulk Freight Index2,852▼ -2.2%Dirty Tanker Index7,999▲ +0.0%Capesize4,148▼ -4.4%Clean Tanker Index2,482▲ +0.1%Panamax2,432▲ +0.3%Supramax1,821▲ +0.4%Handysize998▲ +0.2%Dry Bulk Freight Index2,852▼ -2.2%Dirty Tanker Index7,999▲ +0.0%Capesize4,148▼ -4.4%Clean Tanker Index2,482▲ +0.1%Panamax2,432▲ +0.3%Supramax1,821▲ +0.4%Handysize998▲ +0.2%Dry Bulk Freight Index2,852▼ -2.2%Dirty Tanker Index7,999▲ +0.0%Capesize4,148▼ -4.4%Clean Tanker Index2,482▲ +0.1%Panamax2,432▲ +0.3%Supramax1,821▲ +0.4%Handysize998▲ +0.2%Dry Bulk Freight Index2,852▼ -2.2%Dirty Tanker Index7,999▲ +0.0%Capesize4,148▼ -4.4%Clean Tanker Index2,482▲ +0.1%Panamax2,432▲ +0.3%Supramax1,821▲ +0.4%Handysize998▲ +0.2%
Maritime Dictionary

Magnetic North

Navigation & SeamanshipEntry updated May 2026

The direction indicated by a magnetic compass needle toward the earth's magnetic north pole, which differs from true north by an angle called magnetic variation or declination. This variation changes with geographical location and over time.

Category: Navigation & Seamanship

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Back to DictionaryEntry updated May 2026