Voyage Cost Calculator
Calculate total voyage cost including fuel, port, canal, crew, and insurance expenses.
Inputs
$
$
$
$/day
days
$/day
$/day
Results
Total Voyage Cost
$311,000.00
≈ 7 Teslas
Cost per Day$10,366.67
Fuel Total$150,000.00
Crew Total$90,000.00
Fuel % of Total48.2%
Crew % of Total28.9%
How to Use This Calculator
- Enter total fuel cost, port costs, and canal/transit fees in dollars.
- Input crew cost per day, voyage duration in days, and insurance cost per day.
- Add any miscellaneous daily costs (provisions, communications, etc.).
- Review the total voyage cost and cost per day to assess profitability.
- Compare total voyage cost against freight revenue to calculate voyage profit or loss.
How the result changes with Total Fuel Cost
| Total Fuel Cost | Total Voyage Cost |
|---|---|
| $500,000.00 | $661,000.00 |
| $1,750,000.00 | $1,911,000.00 |
| $3,250,000.00 | $3,411,000.00 |
| $4,500,000.00 | $4,661,000.00 |
What each input means
- Total Fuel Cost
- Total bunker fuel cost for the voyage.
- Total Port Costs
- Combined port charges for all ports of call.
- Canal / Transit Fees
- Canal transit fees (e.g. Suez, Panama).
- Crew Cost
- Daily crew wages, victualling, and stores.
- Voyage Duration
- Total voyage days including sea and port time.
- Insurance Cost
- Daily insurance cost allocation (H&M + P&I).
- Miscellaneous
- Lubricants, maintenance, communications, etc.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersTotal Fuel Cost = 150000, Total Port Costs = 50000, Canal / Transit Fees = 0, Crew Cost = 3000 = 7 input(s) provided
- Calculate Total Voyage CostTotal Voyage Cost311000 = $311,000
- Calculate Cost per DayCost per Day10366.67 = $10,366.67
- Calculate Fuel TotalFuel Total150000 = $150,000
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