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Bunker Stem - Optimal Quantity

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Optimal bunker-stem size given ROB, differential price between the current and next port, and safety margin - the basic lift/leave split that underpins bunker-economics routing.

Formula

$$ L = \max(c \cdot (d + s) - \text{ROB},\ 0) $$

Symbol legend

SymbolMeaningUnitSource
$c$Daily fuel consumptiont/dayprevious voyage average
$d$Voyage durationdayspassage plan
$s$Safety margindayscompany policy
$ROB$Remain on boardttank soundings

Sources

  • BIMCO Bunker Terms.