Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%Dry Bulk Freight Index2,490▼ -1.3%Capesize3,538▼ -2.8%Panamax2,124▲ +0.7%Dirty Tanker Index1,935▲ +1.1%Supramax1,668▼ -0.1%Clean Tanker Index1,280▼ -1.4%Handysize947▲ +0.2%

Maritime Dictionary

Magnetic North

Navigation & Seamanship

Meaning

Definition

The direction indicated by a magnetic compass needle toward the earth's magnetic north pole, which differs from true north by an angle called magnetic variation or declination. This variation changes with geographical location and over time.

Related Terms

Magnetic North

Definition

See Also