Meaning
Definition
A circle on the earth's surface formed by the intersection of a plane parallel to the equator. Each parallel represents a line of constant latitude, with the equator being the largest parallel at 0 degrees.
Related Terms
Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%