Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

last digit of student number : 9 7. The ship owner signed a contract to carry 240000+10000*(-1) last digit of student mmber ton crude oil

image text in transcribed

last digit of student number : 9

7. The ship owner signed a contract to carry 240000+10000*(-1) last digit of student mmber ton crude oil from the port of Ras Tauna to the port of Roterdam. Evaluate this offer according to both WS100:25$ and WS 80 considering the capabilities of the ship owner, costs and port expenses. The service speed of the tanker is 12.5 knots. (40P) Fuel Consumptions and Prices Daily fuel consumption except canals and ports: 60-5*(-1) last digit of student number ton/day IFO 180 Cst + 2 ton/day MDO Canals and Ports: 24-2*(-1) last digit of student number ton/day MDO IFO 180 Cst: 300$/ton, MDO: 500 $/ton Voyage Distance: Ras Tanura - Roterdam : 11160 mile. Roterdam - Suez - Ras Tanura: 6480 mile Add 5 days for bad weather conditions and 1 day for passing the canal to total voyage days. Loading and discharging the crude oil gets 10 days. Broker commission is %2 of the gross freight. Costs: Daily cost: $10000/day Insurance and Crew: $200000$. The loading cost in the port: $50000 The discharging cost in the port: $150000 The fee of canal passage: $200000. 7. The ship owner signed a contract to carry 240000+10000*(-1) last digit of student mmber ton crude oil from the port of Ras Tauna to the port of Roterdam. Evaluate this offer according to both WS100:25$ and WS 80 considering the capabilities of the ship owner, costs and port expenses. The service speed of the tanker is 12.5 knots. (40P) Fuel Consumptions and Prices Daily fuel consumption except canals and ports: 60-5*(-1) last digit of student number ton/day IFO 180 Cst + 2 ton/day MDO Canals and Ports: 24-2*(-1) last digit of student number ton/day MDO IFO 180 Cst: 300$/ton, MDO: 500 $/ton Voyage Distance: Ras Tanura - Roterdam : 11160 mile. Roterdam - Suez - Ras Tanura: 6480 mile Add 5 days for bad weather conditions and 1 day for passing the canal to total voyage days. Loading and discharging the crude oil gets 10 days. Broker commission is %2 of the gross freight. Costs: Daily cost: $10000/day Insurance and Crew: $200000$. The loading cost in the port: $50000 The discharging cost in the port: $150000 The fee of canal passage: $200000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Analysts Indispensable Pocket Guide

Authors: Ram Ramesh

1st Edition

0071361561, 978-0071361569

More Books

Students also viewed these Finance questions