Freight = WS rate (points) × WS flat × B/L tonnes / 100. Worldscale flat rate revised annually.
Formula
$$ \text{Freight} = \frac{\text{WS} \cdot \text{Flat}}{100} \cdot Q $$
Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| $WS$ | Worldscale points (WS100 = flat) | - | Fixture |
| $Flat$ | Reference USD/t for route + year | USD/t | Worldscale Association |
| $Q$ | B/L quantity | t | Cargo docs |
Sources
- Worldscale Association.