Charter - Freight / Demurrage Deposit

Pre-voyage freight deposit requirement and demurrage deposit on fixture - the standard shipper-owner cash flow.

CharterFreightDeposit

FreightUSDDeposit %%

Deposit (ASBA/ABSS): 1,710,000USD

Changing the inputs requires JavaScript. The calculator above shows its default inputs and result. The formula, symbols, and regulatory sources are shown in the Formula section below.

Formula, assumptions, and limits

D = F \cdot p

Symbol	Meaning	Unit
$F$	Freight value	USD
$p$	Deposit percentage

Source: BIMCO ASBATANKVOY

In short

Pre-voyage freight deposit requirement and demurrage deposit on fixture - the standard shipper-owner cash flow.

Learn the theory Laytime: Voyage Charter Time Accounting