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Calculate the freight rate for a 30KB clean fuel barge in $/BBL, and NST loading at Baton Rouge, LA and discharging in Memphis, TN. (30KB

Calculate the freight rate for a 30KB clean fuel barge in $/BBL, and NST loading at Baton Rouge, LA and discharging in Memphis, TN. (30KB barge ~ 3,300 NST). Your company wants to make $1,700 / day on the barge (barge value). Assume an 8% fuel adjustment on the base rate. Use a contingency of 10% in your calculations. What is the demurrage rate per hour for the barge?

Time allowed to load, and discharge is 30 hours total. Total tankerman expense for loading and discharging is $1,500.

No standby boat required in either port.

Shifting and Fleeting:

Shifting from terminal to fleet in Baton Rouge is 1 hour each way at a flat $315.

Shifting from terminal to fleet in Memphis is 1 hour each way at a flat $400.

Fleeting in Baton Rouge is $45/day, with in/out $230. Assume 24 hours in fleet.

Fleeting in Memphis is $70/day, with in/out $200. Assume 24 hours in fleet.

Towage:

Distance Baton Rouge to Memphis is 507 miles.

Assume 6.0 mph transit speed from BR to Memphis. Towage $1909 for load

Assume 8.0 mph transit speed from Memphis to BR. Towage $1423 for empty.

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