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Home > Operations > Allocating Expenses to a Voyage

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Inv/Opr Qty

Basic Price

Prorated Port Price

Total per MT Price

IFO

1,000

$10.00

$9.71

$19.71

MDO

20

$10.00

$9.71

$19.71

LSG

10

$10.00

$9.71

$19.71

Total MT

1,030

Port Charges

$10,000.00

Port Cost per MT

$9.71 = $10,000.00 / 1,030

Time Charter Hire

If you Time Charter In a vessel for a year, you might use it for several voyages during that time. Because you are paying a daily rate for the vessel, hire is allocated on a time basis. However, if you are paying in 15-day increments, those might not line up with voyages.

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