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Charter - Freight / Demurrage Deposit

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

CharterFreightDeposit
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Formula, assumptions, and limits

D=FpD = F \cdot p
SymbolMeaningUnit
FFFreight valueUSD
ppDeposit 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