Voyage profit estimator

Estimate net voyage profit by combining gross freight, fuel cost, port costs, demurrage payable to charterer, despatch payable to charterer, and miscellaneous voyage expenses.

CharteringVoyageP&L

Gross freight earnedUSDFuel cost (bunkers consumed)USDPort costs (DA, agency, pilotage)USDDemurrage receivable from chartererUSDDespatch payable to chartererUSDMisc (commissions, brokerage, other)USD

Net voyage profit: 405,000USD

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

\text{Profit} = \text{Freight} + \text{Demurrage} - \text{Despatch} - \text{Fuel} - \text{Port} - \text{Misc}

Symbol	Meaning	Unit
$Freight$	Gross freight earned	USD
$Demurrage$	Receivable from charterer	USD
$Despatch$	Payable to charterer	USD
$Fuel$	Bunkers consumed	USD
$Port$	DA, agency, pilotage	USD
$Misc$	Commissions, brokerage, other	USD

Source: BIMCO Chartering Practice

In short

Net voyage profit from freight, fuel, port costs, demurrage and despatch.

Learn the theory Baltic Dry Index and Freight Indices