Analyses

To perform an analysis, on an Estimate column or details toolbar, click  or , hold your mouse pointer over Analysis, and then click one of the following:

Freight Sensitivity Analysis

The Freight Sensitivity Analysis analyzes how changes in the Freight Rate affect the Time Charter Equivalent and vice versa to reach a particular TCE.

• For Type G (Gas Carrier) vessels, monthly TC Equiv appears instead of daily.

Speed Sensitivity Analysis

The Speed Sensitivity Analysis shows the impact of changing the speed on the TCE. You can set the Laden and/or Ballast Speed and the Step by which they should increase and decrease for the TCE result.

• For Type G (Gas Carrier) vessels, monthly TC Equiv appears instead of daily.

Speed Comparison Analysis

The Speed Comparison Analysis calculates how alternative ballast/laden speeds impact voyage results.

After specifying Ballast and Laden speeds, the following values are calculated for each set of speeds: Profit, TCE, Daily Profit, Bunker Expenses, and Voyage Days.

• For Type G (Gas Carrier) vessels, monthly TCE appears instead of daily.
• Daily Cost: Defaults to the value of Dly Cost in the Estimate.
  
  • To recalculate P&L figures in the table, enter a new Daily Cost value.
  • To reset Daily Cost to its default value, clear the field.
• Wait for Laycan: Select to have idle days added at the first load port in an Estimate if the vessel arrives before the start of laycan. The Waiting Days column shows early/late days when this check box is selected.
• Clear: Clears all the lines in the form.
• Generate From Vessel Speeds: Populates all the possible combinations of speeds that are specified on the Vessel form.
• To sort by a column, click its heading; data is sorted in descending order. To change the sort order, click the heading again.

Bunker Sensitivity Analysis

The Bunker Sensitivity Analysis gives you a matrix per type of fuel on the vessel that shows TCE per freight rate and bunker price. You can set the midpoint for both Freight Rate and Bunker Price and the incremental steps; the matrix then updates with all TCE values.

• For Type G (Gas Carrier) vessels, monthly TCE appears instead of daily.

To print a report of the analysis, click .

Reposition Analysis

The Reposition Analysis helps you calculate the cost of a reposition voyage and allocate some of the cost to the current Voyage Estimate, as a reduced loss.

If the vessel can find some cargo to carry at a discount, the voyage will be more financially efficient than going ballast. The workflow can be as follows:

1. Prepare an Estimate for this discounted cargo and open the Reposition Analysis. The default Open Port will be the first port in the itinerary.
2. Enter the relevant Reposition Port.
3. The Weather Factor, price of Bunkers, and Daily Hire are defaulted according to the Estimate data but can be edited for the Analysis.
4. You can enter Miscellaneous Expenses as a lumpsum amount.
5. The Total Reposition Expenses value appears. Enter the percentage of this amount you would like to save.
6. The Total Cost Saving and the Total Allocation for the current voyage appear. To apply this cost allocation to be the voyage's profit, select the Apply To Estimate check box.
   • When the Profit is locked in the Estimate, the Apply To Estimate check box is selected by default and the Cost Saving % value is back-calculated from the Profit.