Add some buffer time: Account Resource planning in estimation: Use the past experience as reference: Stick to your estimation: Software Test Estimation Template. Conjugated Carbonyl Compounds. These algorithms create motion vectors, which can relate to the whole image, blocks, arbitrary patches, or individual pixels. The Voyage Estimate window opens. For instance, a sample mean is a point estimate of a population mean. - You can save the calculation result to MS Excel file. N etpas Estimator is an unique and practical calculator for tramper business sector. Due to popular demand I am currently putting together a work book of various voyage estimating examples (dry bulk) plus explaining the techniques and the art in calculating them effectively. Roof slope 3:16 (10. I am satisfied by getting the same. Find out your vehicle’s mileage rate and then use that number to divide the total distance that you plan to travel with that vehicle. The option to save port, berth and canal details including costs, as well as cargoes including stowage factors in relevant databases complete the calculator. Aiming at the problem of large amount of data calculation and collation in navigation work, several EXCEL data processing methods of commonly used nautical tables are presented based on the. Field Description; Cost type code: Enter a name for the cost type code. CASE III VOYAGE ESTIMATION & FREIGHT CALCULATION A Spanish exporter wants to export wheat in bulk from Barcelona/Spain to Izmir . Hence, a voyage estimate must take into account freight income (bill of lading amount loaded on the ship in. The master will need to inform his agent. Review of Linear Estimation So far, we know how to handle linear estimation models of the type: Y = β 0 + β 1*X 1 + β 2*X 2 +. through an example. In this way, the model provides a voyage-specific estimation, which would facilitate the voyage QUESTION 1 – VOYAGE ESTIMATE Part one required calculation of the cargo lift. For voyage estimation it is absolute essential to have enough knowledge about the maritime geography with particular regards to distances and loadlines. Voyage Estimator / Kalkulator untuk pemilik Kapal dan Manajer Chartering. “T/C-Voyage Estimations” including “Distance Table” represents an easy-to-use, yet powerful tool for your calculations. I examine 30 gametes for each and observe 4, 3, 5, 6, and 7 recombinant. The first page covers rates for voyages between one loading and one discharging port while the second for multiple. For example, Fidan (2019) estimates the industry average to be around 6-10%. To calculate days at sea the total distance is divided by the product of speed and hours per day. Let us take the example of Walmart Inc. For example if distance is sixteen hundred nautical miles and the ship sails at twelve knots, then 1600/ (12 x 24) = 5. Chapter 6. AKASH DUBEY. So when negotiating a time charter the two parties will need to agree at a delivery point for the ship. Discounted cash flow (DCF) = Sum of cash flow in period ÷ (1 + Discount rate) ^ Period number. These settings are then used to determine the estimated landed costs of goods. This formula shows that the automotive manufacturing team produces one unit every 0. A simple and accurate algorithm is proposed in order for ship owners, managers and operators to be in a position to apply the suggested method on their fleet. By using. By fully modifying your desired sea routing, you can have your customised itinerary exported to our voyage estimation module, and accurately estimate sea freights, voyage costs and ship expenses, in less than a minute! The fuel logs are voyage-based, port-based, and fuel type. On the Port and Vessel forms, the drop-down menu reflects scrubber values allowed at the port and equipped in the vessel. Result of the Voyage Estimate. 5 * 21 + 188 * 1 = 411. Tramper Business for Company Co-Working Application with various functions such as Contract, Estimation, Operation, Address book, Statistics and more. Pages: 1 - 6. VOYCAL Ver 11. For this reason, he approaches a shipowner thrue a broker to get a freight idea for his carriage. • In voyage charter all the vessel-related expenses that include. Laytime Calculation is not an activity to be undertaken lightly. Step 3: Square all the deviations determined in. The Voyage Estimate module allows for an unlimited number of time charter calculations, both simple and complex, in order to calculate profitability of potentiaA simple and accurate algorithm is proposed in order for ship owners, managers and operators to be in a position to apply the suggested method on their fleet. We would like to show you a description here but the site won’t allow us. The fee is a spot freight rate of $50/MT multiplied by the cargo size 44,500 MT for a total of $2,225,000. N etpas Estimator is an unique and practical calculator for tramper business sector. Each calculation is identified by a unique number, are auto-saved and can be shared, copied and if needed, retrieved at a later date. Author: John Doviak Last modified by: Dr John M Doviak Created Date: 11/18/1996 11:14:35 AM Company: Cambridge Academy of Transpor Other titles: Figure 1 Figure 2 Manual Figure 2 Voyage Estimate 1 Voyage Estimate 2 Voyage Estimate 3 Voyage Estimate 3 No Top-off Voyage Estimate 4 Voyage Estimate 5 Blank_Voy Blank_Voy Empty. Note that while Carrier B reported better performance than Carriers A and C, the points awarded to Supplier 2 reflect that the data were not verified. The voyage, destination port, vessel status, fuel type, consumed quantity, and previously onboard quantity are all updated and reported by this feature. Normal /Learning Use. Further, the schedule over-run parameter is in time units. - Laytime and demurrage calculation example - Laytime and demurrage calculation example II • Supporting documentation. Step 1: e is the Euler’s constant which is a mathematical constant. Time in Port Throughout this lesson there are examples of calculations used in voyage estimating. 378 metric tons of fuel per nautical mile (0. including a large and extensible port distances data base, the system permits on-line checking of more than one vessel for the same job, permits "What if" suppositions by interactive variation of all associated figures when modifying one of the estimation parameters. It is a perfect tool for most of the major types of tramper business such as Voyage, Cargo Relet and Time Charter. Voyage Estimation is the calculation of the profit or loss that a vessel will make from a proposed voyage charter. (for example about 70 days), the user can easily calculatethe“dualrate”. g. To start, we need to find the mean of both variables to enter into the covariance formula. 99 untuk Android. Hence, the first formula is the right approach to calculate accurate bunker volume. In Voyage Estimation Example here below, a shipowner compares two (2) Voyage Estimations for his ship called MV HANDYBULK YAGMUR and selects the most profitable voyage. for example, there is a Cargo loaded from the country (C) and need to discharge its half portion in other countries multiple ports (A) & (B). V. a guess of what the size…. The built in distances provides you with fairly accurate idea of the major world distances from which you can usually calculate cross voyages. 000645 (t-15)) • A Voyage estimate used to calculate the profit or loss that a vessel will make from a proposed voyage. 9 x 1. Sea Margin is definitely not a constant number, our vessel type specific sea margin calculator is a prof of this - want to know more, contacts me and I can explain how + 1. 05 Voyage Estimation. The Carbon Intensity Indicator (CII) is a measure of how efficiently a ship transports goods or passengers and is given in grams of CO2 emitted per cargo-carrying capacity and nautical mile. 9. The duty is 2%, or $. Part two was about stemming bunkers. that the vessel earns from the voyage. . At port, ships will use more diesel oil than fuel oil. Furthermore, the data are used to calculate the fuel consumption of the voyage, which is the main variable in the emission index calculation. Vortexa’s Voyage Calculator computes estimated distances, times and speeds for routes between ports, or between a selected vessel and a port. This price is used for cost estimation, for example, BOM calculation, production cost estimation, and fallback price in the inventory valuation process. 62°) With opening. 02 and 35. A previously determined position can also be termed as a fix; the estimated speed and the course are applied to that fix to obtain a DR. An auto cost will be applied to a voyage, shipping container, or folio only when the details of the auto cost match the details on the header of that cost area. Tramper Business for Company Co-Working Application with various functions such as Contract, Estimation, Operation, Address book, Statistics and more. In order to set his export price, he needs freight rates. In this example, the TCE for the Handysize vessel on this specific voyage is $10,000 per day. Mo at [3] uses the example of average surface temperature as a true value that is needed for de ning the heat transfer coe cient. 3 knots on daily consumption of 13 tons F. Mohamed Salah El Din. All cargo tanks and lines must be prepared to load suitable cargo. Let’s consider the calculation of the Max Available Deadweight for the vessel seen in the screenshots below: Suppose we are sailing to Bergen in winter, so our loadline is Winter Salt. The voyage is divided into three operational stages and external costs are estimated respectively. Voyage estimation & calculation. 5. Full forms of most of the abbreviations were given in earlier articles. I am very excited aboutlearning this new skill and also need to jump right in order to catchgood biz. It will support your sales plan intensively for profitable business. Details view. g. Each calculation is identified by a unique number, are auto-saved and can be shared, copied and if needed,. Week 9 Laytime calculation Terms interpretation. 6. Charterer states that they can offer $ 42 / ton. The Voyage Estimate module allows for an unlimited number of time charter calculations, both simple and complex, in order to calculate profitability of potentia Vessel Voyage Calculator (Dry Cargo) This financial model allows the user to calculate and compare 3 different vessel voyage estimations for dry cargoes ships. Commercial Ship Surveying: On/Off Hire Condition Surveys and Bunker Surveys. Remember to include both fuel and wear as part of the cost (see. 87 Dwt: 69,000 Less: Bunkers: 1080 C. VOYAGE ESTIMATION. (described in presentation) 2. Time at port for loading and discharging operations. Refer to details given above, For. We arrive at Bergen with 200 MT IFO and 150 MT MGO. Sub charterers subsequently stated that they intended the vessel to perform a voyage from a Black Sea port either to the Persian Gulf or Singapore/Japan range (ie a front haul voyage) and that they intended to exercise their. Also adds a Per Unit Cost field to the Estimate P&L. A simple reference in the charter is sufficient to cover all the voyages that are possible within the designated areas of that charter. Note: The laytime calculations for demurrage and dispatch cannot be determined with the given information, as the laytime clause and other relevant details are not provided. Complete the sentence: laytime is expressed in number of _____ or _____. Step 1: Note the number of measurements (n) and determine the sample mean (μ). Bunker calculation example: Consider 285MT of HFO is planning to take on No. Making a voyage estimation with Seametrix. G. Voyage Estimation is the calculation of the profit or loss that a ship will make from a proposed voyage charter. = 8. N etpas Estimator is an unique and practical calculator for tramper business sector. Create a cost estimate. Persiapan yang dimaksud tidak hanya berupa persiapan fisik dari kapal itu. We utilise the system of calculation used by the UK Maritime and Coastguard Agency. 55 days. The act of generalizing and deriving statistical judgments is the process of inference. Portland, Australia to Novorossiysk, Russia. 1. 1 - User Manual – Voyage Estimation Release 1 Estimating a Voyage Charter Voyage 16 August 2004 5. The cargo weighed 520 million metric tonnes and had a value of around US$178 billion. Thus, the simplified approach is: • Step 1: Find out the environmental parameters. Information you will get from bunker advice form, Density at 15°C =0. Handymax cement South East Asia to Europe. PRACTICAL CHARTERING Lecture 4 – Voyage EstimatingA voyage estimate is the calculation of the profitability of a perspective voyage of a shipusing estimated figures. Corrected density =D (1-0. For example, the project manager might estimate the following when developing backend functionality. What impacts ETA. Multiple types, or grades, of fuel can be set up on the Fuel/Lube Types Term List in the Data Center. In this example, Carrier A had the best overall performance. Smart, convenient and low priced personal ERP for Tramper business. With the same vessel, you can evaluate and. For example, OpenEpi 12 (an open-source online calculator) and G*Power 13 (a statistical software package) are commonly used for. 50m. 25 seems too much! Ask to have the total checked. Sea Margin is definitely not a constant number, our vessel type specific sea margin calculator is a prof of this - want to know more, contacts me and I can explain how + 1. Calculate the total nautical distance of your sea voyage with ease. One example of advanced shipping software used by many shipping companies nowadays is Softship’s LIMA Voyage Management and Estimation Software VOYCES . Laytime Calculation ( Excel Page ) Statement of Facts ( Excel Page ) Voyage Estimation ( Excel Page ) Gencon 94 CP blank ( PDF Page ) Annual Reports ( Excel Page ) Fixture Cover ( Excel Page ) A voyage estimate is the calculation of the profitability of a perspective voyage of a ship. xls from TRANSPORT 101 at Adani Institute of Infrastructure Management. For each vessel, you can track up to five fuel types. It will support your sales plan intensively for profitable business. In this case, the shipping rate will be used. In the ZRH-SFO example, we will use the wide-body factors (Boeing 787-9). from her arrival off Saldanha Bay to her return to Saldanha Bay. This process is termed as regression. Templates. costs to estimate this value has three weaknesses. Hence, the receiver will get less product, however, it will be completely signed. Author: John Doviak Last modified by: Dr John M Doviak Created Date: 11/18/1996 11:14:35 AM Company: Cambridge Academy of Transpor Other titles: Figure 1 Figure 2 Manual Figure 2 Voyage Estimate 1 Voyage Estimate 2 Voyage Estimate 3 Voyage Estimate 3 No Top-off Voyage Estimate 4 Voyage Estimate 5 Blank_Voy Blank_Voy Empty Timecharter Estimate 2 Timecharter Estimate 3 TimeVE TimeVE_Empty. • A Voyage estimate used to calculate the profit or loss that a vessel will make from a proposed voyage. Finally, applications of the structured algorithm are introduced with examples, in estimating the fuel consumption of the case ship for a future voyage, and also the same for a sister. Statistical inference is the act of generalizing from the data (“sample”) to a larger phenomenon (“population”) with calculated degree of certainty. =50 Deg. en Change LanguageVoyage Estimator. On the Voyage Bunkers form, you can plan forward bunkerings and follow the progress of your Bunker Requirements. SUBMITTED BY . Voyage. Download Netpas Estimator 5. This toolbox includes motion estimation algorithms, such as optical flow, block matching, and template matching. . The example deals with a voyage estimate for iron ore business from Port Hedland in Australia to Lianyungang in China. This estimation is used to determine the feasibility of a voyage and to plan the route and schedule of a vessel. So for the USA, the lower and upper bounds of the 95% confidence interval are 34. Page 5. The analysis covered 350 734 cargo-specific trades and 124 173 voyages moving commodities from Brazil to 112 countries. E. With Netpas Estimator you can. These algorithms create motion vectors, which can relate to the whole image, blocks, arbitrary patches, or individual pixels. Step 2: Divide the sum by the number of values. Failure to monitor when required can have catastrophic consequences and may even. The list will only display the last 100 legs completed. 95 each. Ship Performance Example. The cost of the remaining components can then be calculated by using the amount that the previous calculation was adjusted by. You will have four (4) options as below for Passing/Bypassing (S)ECA to select suitable for your voyage. To work with bunkers for the voyage, on the Voyage Manager toolbar, click Bunkers and then click Voyage Bunkers. Save yourself some unwanted trouble by installing our Distance & Times tool to help you compete in the marketplace! Searates provides Freight Shipping Distance & Time Calculator it calculates Container Shipping Distance and Transit Time in Seconds whether it is Port-to-Port or Door-to-Door. The condition is that if "Cargo Qty" is 0, it would be a ballast let, so the division and. If I put this figure into may calculation I get a timecharter result of minus usd 7 600 per day (from China via Pevek to the Continent) but my average will be (32 000 * 30 + (-7 600 * 30))/ 60 =usd 12 200, - more than 50% higher than my Suez/Panama alternative described above. VOYAGE CALCULATION COST T/C EXPENSE GENERAL TOTAL SHIP NAME: samsun mersin aqaba Daily T/C Rate Alternative T/C Rate Lumpsum FRT Alternative Freight Comission : Commencing Load port Discharging Port TOTAL MILES Buses DAYS units/mts/cbm 95 Units IFO/mts MGO/mts DISTANCE/miles OTHER COSTS L/D. Wash water or remains of previous cargo must be completely removed from tanks and lines. The cost of the remaining components can then be calculated by using the amount that the previous calculation was adjusted by. The option to save port, berth and canal details including costs, as well as cargoes including stowage factors in relevant databases. There was more than one acceptable answer. It is a perfect tool for most of the major types of tramper business such as Voyage, Cargo Relet and Time Charter. of something: 2. The condition is that if "Cargo Qty" is 0, it would be a ballast let, so the division and. With this information, we can find out your ETA by taking total drive time (total distance divided by average speed plus total time spent on stops) and adding it to your time of departure, thus: 600 miles / 60 mph = 10 hours + 1 hour 15 minutes breaks = 11 hours 15 minutes. Voyage Estimation Voyage estimation is the process of calculating the estimated time and cost of a voyage. 57 days B) Laden Leg = 7307 nm/324 (13. for example. Refer to details given above, For her first voyage, calculate : 3. The Vessel Voyage Calculator (Dry Cargo) allows the user to calculate and compare 3 different vessel voyage estimations for dry cargoes ships. Conjugated Dienes and Polyenes. Let’s consider the calculation of the Max Available Deadweight for the vessel seen in the screenshots below: Suppose we are sailing to Bergen in winter, so our loadline is Winter Salt. Sailing Distance Calculating Tool with support for multiple locations. Powerful tools such like Laytime Calculator, Off Hire Calculator and Comparison Report. After this very brief recap, let’s calculate the benchmark using statsmodels. Let’s understand the calculation of bunker through the formula “Mass = Volume x Density” in this example. It is the average of all the measurements. complete defence against claims. For example, component A of the watch has a cost of $9. VOYAGE ESTIMATION. The operating cost is a component of operating income and is usually reflected. The example takes the case of heavy fuel. III SEMESTER. Example of Centering Correction (1) Note: Example: Measurement of uid temperature in a duct. The example deals with a voyage estimate for iron ore business from Port Hedland in Australia to Lianyungang in China. Consideration of safe margin of bunkers was vital. Calculate the equivalent capacity of the aircraft according to the following C = first_class_seats * first_class_multiplier + business_class_seats * business_class_multiplier +. The main purpose of running a voyage estimation is for the user to try and work out the 'per metric tonne rate' for a particular piece of voyage cargo. I did a calculation of the s. a full break-down and performance evaluation of a completed voyage of for example consumption, distance, time, speed, emissions, etc. On the Vessel form, the “Use Scrubbers” check box is replaced with the new “Scrubber Type” drop-down menu. 00 CARGO CALCULATIONS TOTALS:-26. CAPT. This pdf file provides a sample of a charter party, which is a contract between a shipowner and a charterer for the use of a vessel. • In voyage charter all the vessel-related expenses that include. Sample Problems using Woodward-Fieser RulesBelow is the step-by-step approach to calculating the Poisson distribution formula. Collaborate with colleagues on fixtures in one, dynamic workspace. Table 5: Example of CO 2Seametrix is a state of the art sea distance calculation, sea routes and voyage estimation software, with marine weather and daily bunker prices modules!. From T-2 to Supertanker: Development of the Oil Tanker, 1940 - 2000, Revised. “T/C-Voyage Estimations” including “Distance Table” represents an easy-to-use, yet powerful tool for your calculations. , and then by the average cost of a toothbrush Serviceable Addressable Market (SAM) SAM refers to the specific potential audience for your product or offering (keeping with our toothbrush example – the total value of online-only electric. 3. Persiapan yang dimaksud tidak hanya berupa persiapan fisik dari kapal itu. 7) Calculate time charter rate per summer deadweight ton (average days in a month is given as 30,4375 days. Estimate the fuel required for a voyage of 1500 nautical miles at a speed of 15 knots when her displacement is 14000 tonne. The fuel consumption calculation framework determined in this paper is shown in figure 1. Select the voyage you would like to create a report for. on 26 October 2018 for $98. The new calculator takes all the essential information for a voyage and returns its results simultaneously for each vessel in a simple grid. Find the cargo that shall be added to the voyage estimation and click on it. pdf), Text File (. In the case of a tramp shipowner, the estimate is used to compare. This financial model template will enable you to: – Estimate up to 3 different voyage routes and compare them in terms of various operational and profitability metrics. Cladding. e. . 3 Round 5. Smart, convenient and low priced personal ERP for Tramper business. Employees can also create a voyage with a purchase order from multiple entities. = Total length of centre line of walls x breath of trench x Depth of trench = 17. Step 4) Validate the estimation. At first glance this may sound like a no brainer. Port Distance Desktop Edition helps you to obtain precise distances between ports, quickly and accurately estimate voyage costs and profits, and effectively manage budget records. I did run the first example and not. Calculate the number of days that Voyage 1 is expected to take i. This tutorial presents an example on how to make a voyage estimation with Seametrix. Voyage outcome - Time sheet. Bunker Prices; Freight Rates; Tuesday, January 26, 2010. the risk associated with a given voyage. 7 Breaking Down the Broker Commission • The broker commission can simply be added as a percentage as displayed in the sample above • This is a fast way to calculate the commission without the need to enter a lot of. Thus, the simplified approach is: • Step 1: Find out the environmental parameters. Its users have the option to input commodity types, quantities and tolerance, load and discharge rates, multiple voyage legs including bunkering operations, waiting times and DAs at each port, vessel. Learn More. If the vessel is too small for the fixture, please determine the maximum cargo the ship can carry for this voyage and use it for voyage estimation. Consideration of safe margin of bunkers was vital. Create a cost estimate. / @maritimecalculat. Use Column view when you want a quick snapshot, and if you have a simple voyage with one load port, one. 5 wedge is not required to be carried out; if k = 0. Handymax coal Australia to India 3. Personal Information; Purchase History; With VIP Chartering, you can: Manage complex voyage estimates and freight calculations to plan routes in seconds. A simple and accurate algorithm is proposed in order for ship owners, managers and operators to be in a position to apply the suggested method on their fleet. pdf), Text File (. it also provides an estimate of the total CO2 emissions for each vessel for the specific voyage, as well as. 13 Rate-constrained Motion Estimation in H. [Note: There is. Short Description. x = 0,1,2,3…. Close suggestions Search Search. The value for Per Unit Cost = total cost of expenses divided by quantity of cargo loaded. This chapter deals with practical aspects of chartering calculations concerning different charter forms and vessel types. Tramper Business for Company Co-Working Application with various functions such as Contract, Estimation, Operation, Address book, Statistics and more. In this example an existing cargo will be chosen. Once you get familiar, it does not take more than 1 to 1,5 minutes for making an estimation from scratch!. This means the economic margins are comparable in size to the variation in weather margins, underlining the economic importance of accurate weather margin predictions. The restricting load line must be considered and the cargo calculated accordingly. It is a perfect tool for most of the major types of tramper business such as Voyage, Cargo Relet and Time Charter. The ship owner or charterer then compares the estimated cost of the voyage with the. – Calculate fuel expenses based on vessel speed, vessel consumption at. So for the GB, the. Netpas Estimator is an unique and practical calculator for tramper business sector. In the Details view of a Voyage Estimate, you can add more cargoes and/or ports, as well as additional information, such as Miscellaneous Vessel Expenses per day, a Default Weather Factor, and price and consumption information in the Fuel Table. The following pages are listed for the readers. Field Description; Cost type code: Enter a name for the cost type code. In a voyage charter the vessel. 04 per share, Calculate the capital gain earned by her in selling these 500. 9909. For example, ores, slags and ash exports were found to account for a slightly smaller than average share of emissions. 1. Each type of business can be easily compared so that you can figure out the best type of business. When preparing a voyage calculation, the theoretical distance covered during a cargovoyage is normally increased by use of. It is the average of all the measurements. 01 m3. Voyage Estimation. When the cargo has been added, enter the expected bunker rates or confirm the price of bunkers added from a previous voyage, if a previous voyage has been set. Voyage Charter / Spot Charter. Dry cargo chartering. Lighting Design Calculation for Classroom. Estimation is a Skill for Life. The Voyage Estimate module is a versatile, single interface voyage calculator, able to perform an unlimited number of quick, accurate, simple or complex charter party calculations (or estimates). The consumption of diesel oil for auxiliary engines when in port will be provided in the vessel description. A voyage charter is preferred in cases where the charterer only needs the vessel for specific voyages that may arise for different. Loaded displacement. Full forms of most of theMotion estimation is the process of determining the movement of blocks between adjacent video frames. In order to set his export price, he needs freight rates. The Voyage Estimate module allows for an unlimited number of time charter calculations, both simple and complex, in order to calculate profitability of potential voyages in comparison with the cost of a vessel. This estimate may be more realistic because you've considered the three estimates in your calculation. Voyage Estimation is simply profit and loss calculation for the particular voyage in question that is arrived at by deducting all related expenses from total income. "Just finished reading your estimation tutorial and it got my mindup-and-running about shipping business. VOYAGE ESTIMATION • A voyage estimate is an indispensable part of chartering negotiations as it helps owners assess the financial feasibility of a particular voyage. Developer's Description. CASE III VOYAGE ESTIMATION & FREIGHT CALCULATION A Spanish exporter wants to export wheat in bulk from Barcelona/Spain to Izmir . Voyage Estimate Column view gives you the ability to create multiple scenarios and compare them side by side, as well as combining Estimates to create one voyage and performing Deviation and Sensitivity Analyses. Time charter equivalent is calculated by taking voyage revenues. Cross section area of classroom = 6×9 = 54 m 2, h = 3m. Operating cash flow = Net income + Non-cash expenses – Increases in working capital. (described in presentation) 2. Test First Buy Later. Miles Ports /Hrs @ Sea. Ship characteristics: The characteristics of the ship that are taken into account in voyage estimating are size of. Landed cost also supports the creation of a series of customized templates covering standard freight journeys. The least square method is the process of finding the best-fitting curve or line of best fit for a set of data points by reducing the sum of the squares of the offsets (residual part) of the points from the curve. Freight Calculation Khandaker Rasel Hasan Assistant Professor Cost of Shipping Voyage Cost: Bunkers Port dues & Freight calculation (1). 5 days C) Repositioning Leg = 583 nm/336 (14 x 24 hours) = 1. 98. 7 to the nearest whole number. Calculate despatch for discharging: 2 hours of unused laytime, which is 1/12 of a day. Once you get familiar, it does not take more than 1 to 1,5 minutes for making an. e.