Voyage Estimate calculation

- You have been asked to calculate the breakeven freight rate per metric ton for a cargo of 50,000mt bulk cement that will be sailing from Asia to Europe. Use the following figures to prepare your voyage estimate showing all your calculations: - Voyage duration - Total Sailing days =28 - Plus days in port =10 days ( 9 loading and discharging plus 1 day in total turn time) - Plus Bad weather =1 day - Plus Suez transit = 1 day - Bunker / Fuel Costs - (a) IFO (Fuel oil) at sea: 22mt per day @ USD 400 per mt - (b) MDO (Diesel oil) at sea 1.5mt per day @ USD 550 per mt - (c) In Port Consumption: 1 mt MDO @USD 550 - TC in Costs (Chartered in Vessel Costs) USD 10,000 per day - Port Costs: Asia USD 10,000, Europe USD 50,000 - Miscellaneous expenses: USD 5,000 Suez Canal cost: USD 200,000 - Include 3.75% Commission on total cost