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Lecture 5 - Voyage calculations

Welcome

This lecture starts by exploring aspects of estimating Time Charter Equivalent and the role of speed and its consumption curve into the decision of vessel selection.

The second part will cover aspects of voyage calculations. This section is mostly practical but I will highlight important aspects of the calculations.

What you’ll learn from this lecture

  • Concepts of the geography of shipping transport, shipping markets, and vessel types
  • Voyage calculations

Learning Outcomes

Skills
  • Finds, synthesizes, and presents information on the international shipping
  • Can communicate with industry practitioners using correct terminology
Competency
  • Exchanges opinions and experiences with others with a background in the field
Knowledge
  • Understands the economic mechanisms driving the international shipping markets

Panayides, P. (2018). Principles of Chartering (3rd ed.). CreateSpace Independent Publ Platform. Ch10 pp. 203 to 212 + examples

Pensum