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.