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# 5/18/2018

## Voyage Estimate Calculation

Bulk carrier to carry full cargo of grain from New Orleans to Rotterdam
after ballast voyage from U. K.

## SHIP 30,000 tonnes d.w. summer draft 10.4m

37,500 cu.m. grain speed 14.5/15.5 knots loaded/ballast
32 tonnes high viscosity fuel per day plus 1.5 tonnes
Diesel oil at sea or in port. Daily running costs £ 2900 excluding capital
charges.

CARGO 28,000 tonnes grain. Loading rate 7,000 tonnes per day,
Discharging 4,000. Loading charge \$1.00 per tonne.
Freight : \$ 16.00 per tonne, free discharging
Brokerage etc. 5 percent, Assume 1 £ = \$1.30

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5/18/2018

## Surplus has to cover loan interest and repayments and provides a

return on ship owner’s own capital. If actual loading and
discharging times differ from the assumed rates, demurrage or
despatch money will be payable.
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Income Calculation
Calculate the freight rate between the Arabian Gulf and N.W. Europe for a
60,000 ton dwt tanker at W80 via the Cape or via a Suez Canal, given the
W100 rate.
Solution:
W100 via Cape = \$ 28.00
W80= 0.80* 28.00 = \$ 22.40 per ton Cargo

## Annual income = \$22.40 x say 56,000 tons cargo =\$ 1254400

Less 2.5% brokerage =\$ 62720
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Actual Income = \$ 1191680

W100 via Suez laded and ballast = \$ 17.00 + 3.00 canal dues
W80= (0.80 x 17.00)+ 3.0 = \$ 16.60 per ton Cargo

## Income = 16.60 x 57,000 = \$ 946200

Less 2.5 % brokerage = \$23655
Actual Income = \$923,00