Suezmax refers to a classification of oil tankers that are designed to be the largest vessels capable of transiting the Suez Canal when it is fully loaded. These ships typically have a deadweight tonnage of around 120,000 to 200,000 tons and a length of about 240 meters. Their size allows them to carry large quantities of crude oil, making them efficient for transporting oil over long distances. The Suez Canal is a crucial waterway that connects the Mediterranean Sea to the Red Sea, significantly reducing travel time for ships between Europe and Asia. Suezmax tankers play an important role in global oil transportation, as they can navigate this vital route, helping to facilitate international trade and energy supply.