Break-Even Freight Rate
Minimum USD/t that makes a voyage cash-positive: (voyage costs + OPEX × days) / B/L tonnes.
Total voyage cost
1,288,000USD
Break-even rate
9.91USD / t
Formula, assumptions, and limits
Any freight above this is gross-profit-positive (before capex service). Compare against WS rate × WS flat; if below, decline or re-negotiate.
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| Voyage direct costs | USD | DA / bunker bill | |
| Daily OPEX | USD/d | OPEX calc | |
| Round voyage days | d | schedule | |
| Cargo tonnes | t | BL |