Net voyage profit from freight, fuel, port costs, demurrage and despatch.
Formula
$$ \text{Profit} = \text{Freight} + \text{Demurrage} - \text{Despatch} - \text{Fuel} - \text{Port} - \text{Misc} $$Symbol legend
| Symbol | Meaning | Unit | Source |
|---|---|---|---|
| $Freight$ | Gross freight earned | USD | Charter party |
| $Demurrage$ | Receivable from charterer | USD | Demurrage invoice |
| $Despatch$ | Payable to charterer | USD | Despatch invoice |
| $Fuel$ | Bunkers consumed | USD | Fuel log |
| $Port$ | DA, agency, pilotage | USD | Port DA |
| $Misc$ | Commissions, brokerage, other | USD | Voyage account |
Sources
- BIMCO Chartering Practice.