Glossary


Terms & Glossaries of Shipping and Trading

GT (Gross Tonnage)

Applies to vessels, not to cargo, (0.2+0.02 log 10 V) where V is the volume in cubic meters of all enclosed spaces on the vessel. Since 1994, it replaces “Gross Registered Tonnage.” An approximate conversion ratio is 1NT = 1.7GT and 1GT = 1.5DWT.