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The aim of a voyage is to provide the ship owner or charterer with an estimate of the probable return that can be expected from

The aim of a voyage is to provide the ship owner or charterer with an estimate of the probable return that can be expected from a prospective voyage. VOYAGE: CHENNAI/ROSTOCK VESSEL NAME: MV ENDEAVOUR SPEED: 20 knots DISTANCE: 7971 nautical miles FUEL CONSUMPTION: IFO @ 85 mt per day at sea. Cost $2 25 per mt MDO @ 4 mt per day sea and 5 mt @ port. Cost $250.00 per mt RUNNING COSTS: DOPC USD $20,000 per day CARGO: 48,000 mt BROKERAGE COMMISSION 2% FREIGHT USD $45 per mt FIOT - 7500mt/ 8,000mt /Day WWD - SHEX PORT CHARGES: CHENNAI: USD $35,000 ROSTOCK: USD $28,000 Use the information provided to calculate: I. Total Voyage Time II. Net Freight III. Gross Profit IV. Gross Daily Profit V. Net Daily Profit VI. Total voyage costs

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