Handymax and Supramax are naval architecture terms for the larger bulk carriers in the Handysize class.
[1][2] Larger capacities for dry bulk include Panamax, Capesize and Very Large Ore Carriers and Chinamax.
Modern handymax and supramax designs are typically 52,000 58,000 t DWT in size, have five cargo holds and four cranes of around 30 tonnes working load, making it easier to use in ports with limited infrastructure.
The cost of building a handymax is driven by the laws of supply and demand.
As the global economy boomed, the cost doubled to over $40 million, as demand for vessels of all sizes exceeded available yard capacity.