Aframax tankers are in the range of 80-120 dwt. The typical drafts vary by vessel but are usually in the region of 14.5 - 15.5 m. They are used for crude and refined products shipment. If moving product, they are often called LR2.
Aframax crude tankers are typically used in short to medium distance routes and serve ports that cannot handle the larger and lower-cost per barrel Suezmax or VLCC tankers.
The name Aframax comes from an oil tanker rate system introduced by Shell called the Average Freight Rate Assessment.