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Table B2 Conversion factors in relation to LWT and CGT

From: Assessing the cost competitiveness of China's shipbuilding industry

Vessel types Conversion factor
Tankers, Crude 0.49 1.88
Tankers, Products and Chemical 1.07 3.57
Dry bulk carries 0.57 2.04
  1. aIn this article, the conversion factor from LWT to CGT is calculated by the authors as the value of CGT/GT (in Appendix B, Table B2, column 2) divided by the value of LWT/GT (in Appendix B, Table B1, column 6) for each vessel type.
  2. Source: Stopford (1997).