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Port Disbursement Account - Estimate

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Estimate the total Port Disbursement Account (DA) by summing the standard line items - port dues, pilotage, tugs, mooring, agency fee, launch, customs and sundries.

Formula

$$ \text{DA} = \sum (\text{dues} + \text{pilot} + \text{tugs} + \ldots) \cdot (1 + c) $$

Symbol legend

SymbolMeaningUnitSource
$DA$Disbursement AccountUSDport pro-forma
$c$Contingency fraction-commercial policy

Sources

  • BIMCO - Port Disbursement Guidance.