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Definition of Light displacement tonnage

Light displacement tonnage Definition from Business & Finance Dictionaries & Glossaries
2K Group Shipping, Trade, Insurance Dictionary
The weight of a ship's hull, machinery, equipment and spares. This is often the basis on which ships are paid for when purchased for scrapping. The difference between the loaded displacement and light displacement is the ship's deadweight.
Light displacement tonnage Definition from Sports Dictionaries & Glossaries
maritime&shipping&trade
The weight of a ship's hull, machinery, equipment and spares. This is often the basis on which ships are paid for when purchased for scrapping. The difference between the loaded displacement and light displacement is the ship's deadweight.