Professional Documents
Culture Documents
NSA 2521
Oluf Sandvik
Shipping
Business consultant
(ShipNet AS)
Todays agenda
Ports & Canal
Chapter 3
Charterer forms
Chapter 7
Ship costs
Chapter 8
Chapter 6
500
400
300
200
100
0
Ningbo
Shanghai
Singapore
Tianjin
Rotterdam
Guangzhou
Qingdao
Dalian
Busan
Port Hedland
BUNKER PORT
Port Vessels
The draft of the ship and legal limit to which a ship may be loaded
+ ISPS (Safety)
MARPOL(MARine POLution)
International Convention for the Prevention of Pollution from Ships.
STCW
International Convention on Standards of Training, Certification and
Watchkeeping for Seafarers. Sets qualification standards for Masters,
Officers and Watch personell on seagoing mechant ships.
Paris MOU
Paris MOU formally adopted the New Inspection Regime
(NIR) in 2011. This saw the culmination of a significant
amount of work over many years and will see the
introduction of the New Inspection Regime from the 1st of
January 2011. All of those who took part in the various task
forces and groups, which developed the NIR and THETIS, are
to be complimented on their work.
The Committee meeting also adopted several other
significant matters including a new instruction on the ISM
Code and agreed to carrying out a concentrated inspection
campaign on the damage stability of tankers.
https://www.parismou.org/publications-category/caught-net
No Canals
Tampa-Yokohama - Riga 34 700 miles
Canals
Tampa Yokohama - Riga 21 400 miles
40)
Suez Canal
Panama Canal
http://micanaldepanama.com/expansion/faq/#prettyPhoto/0
ASBATANKVOY Laytime
The cargo shall be loaded within the number of
running hours as indicated in Box 16, weather
permitting, Sundays and holidays excepted,
unless used, in which event time actually used
shall count.
ASBATANKVOY NOR
Upon arrival at customary anchorage at each port of
loading or discharge, the master or his agent shall give
the Charterer or his agent notice by letter, telegraph,
wireless or telephone that the Vessel is ready to load
or discharge cargo berth or no berth, and laytime as
hereinafter provided shall commence upon the
expiration of six (6) hours after receipt of such notice,
or upon the vessels arrival in berth.
Fuel Oil ?
Diesel Oil ?
Crude Oil ?
AIR Cushion
Voyage
Finance
Interest
Morgage
Running
Maint.
Insurance
Manning Crew
Repair
Stores
Misc.
Cargo
Bunkers
Port/Canal
Ownership
Type cost
Cost
Revenue
Expense
Capital cost
BareBoat
Time Charter
BB Hire
T/C Hire
Freight
6 000/Day
14 000/Day
Usd 34,50/mt
5 000/Day
5 000/Day
5 000/Day
7 000/Day
7 000/Day
Running cost
Voyage cost
Result
Voyage Charter .
COA
17 800/Day
1 000/Day
2 000/Day
5 800/Day
Film
Lifeblood of world
trade
http://www.ics-shipping.org/ics-film---international-shipping-lifeblood-of-world-trade
WHY SHIPPING?
TRANSPORTATION COST
Typical cost for a consumer in US of transporting
crude oil from AG to US in the terms of purchase price
at the pump is $0,01
$10
$1,50
$0,15
$0,05
$0,01
Whiskey
DVD
TV-SET
Biscuits
Can
of Beer
Bulk shipping cost increased 70% last 50 years.
US retail prices have risen by almost 700%
Major cargoes
Main Bulk
Dry Cargo
10
9
8
7
6
5
4
3
2
1
0
70
80
90
00
05
06
07
08
09
10
11
12
WORLD FLEET
type of ship-
2013
Oil Tanker
Dry Bulk
Container
General Cgo
Others
WORLD FLEET
Nations owned by dwt (2013)
250
200
150
100
50
0
350,000
dwt +
320,000
dwt +
200,000349,999 dwt
120,000199,999 dwt
80,000 119,999 dwt
60,000 79,999 dwt
Dry bulk
Capesize bulk carrier
Panamax bulk carrier
Handymax bulk carrier
Handysize bulk carrier
100,000
dwt +
60,000 99,999 dwt
40,000 59,999 dwt
10,000 39,999 dwt
SHIPPING IN PRACTICE
After the blockade of the Suez Canal ( 1967)
SHIPPING IN PRACTICE
UPGRADED
SCRAP VALUE
12.000
UPGRADE (1990)
55.000
8 pct interrest
7 years of instalment
Yearly
Daily
Running
Total
13.200.000
36.200
10.300
Usd
46.500 - day
32 Days at Usd
119 Days at Usd
105 Days at Usd
109 Days at Usd
32 days at Usd
658 000
119 days at Usd 2.628 000
105 days at Usd 1.765 000
109 days at Usd 2.879 000
26.250
24.418
29.691
20.093
Gives the Charterer operational control of the ship carrying his cargo.
The owner pay operational cost (wages, repair, maint.)
The charterer pay for voyage related cost (bunkers, port exp. etc)
Owners gets less commercial risk and must maintain the ship operational.
Bareboat
Gives away full operational control of a vessel, and maintain only the
ownership. Typically done by a financial institution that does not want (or
can) do shipping but have invest in the vessel.
Ownership
Type cost
Cost
Revenue
Expense
Capital cost
BareBoat
Time Charter
BB Hire
T/C Hire
Freight
6 000/Day
14 000/Day
Usd 34,50/mt
5 000/Day
5 000/Day
5 000/Day
7 000/Day
7 000/Day
Running cost
Voyage cost
Result
Voyage Charter .
COA
17 800/Day
1 000/Day
2 000/Day
5 800/Day
Panmax - BANASOL
79 700
13,9
14,0
25,0/30,0
1,0
Running Cost
Marshall Isl
Vessel Open
ETS
Extra insurance Usd
Extra insurance Usd
DWT
Draft
Speed
Consumption B/L
Consumption MDO (daily)
Usd 8 000 pr day
Flag
Bilbao
Nov 24th 2010 09:40
2 000 1st voyage
5 000 2nd voyage
Our voyage
Elements in calculation
TIME CHARTER
Revenue
Hire less comm.
Ballast Bonus
Expenses
Running Cost
Financial Cost
VOYAGE CHARTER
Revenue
Freight less comm.
Expenses
Bunkers
Heating
Cleaning
Port/Canal Cost
Cargo Cost
Various other cost
Extra Insurance
Pilot - Inspection
Running Cost
Financial Cost
Expenses
Bunkers
Main engine tons consumed/day (ballast leg or laden leg) * number of days
(Nautical miles / speed (knots) pr hour) = total hours steaming.
Aux engine tons consumed/day (extra if cargo operation)
Port/canal expenses
Other expenses
Calculate
st
1
Account LKAB
75000 MT Iron Ore
Load Narvik
Terms 2 ds SHINC
Discharge Rotterdam
Terms 25 000 SHINC
LayCan Jun 3rd 10th
Demurrage 50 000
Commission 2,5 Address + 2,5 RSP
Calculate
nd
2
Acc Glencore
54000 MT HSS 10 %
Load MISS RIVER
Terms 8 DS WWDSHEX
Discharge Kashima
Terms 8 DS WWSHEX
LayCan Jul 1st 15th
Demurrage 40 000
Commission 2,5 Address + 2,5 RSP
LAYTIME calcualtions
LAYTIME -
DESPATCH-
DEMURRAGE-
LAYTIME
DEMURRAGE
DESPATCH
SOF
Performance claim
Agreed in a T/C fixture to