{"id":1201,"date":"2022-11-29T16:24:22","date_gmt":"2022-11-29T07:24:22","guid":{"rendered":"https:\/\/www.eclsm.co.jp\/article\/voyage-profit-and-loss-calculation\/"},"modified":"2022-11-29T16:24:22","modified_gmt":"2022-11-29T07:24:22","slug":"voyage-profit-and-loss-calculation","status":"publish","type":"article","link":"https:\/\/www.eclsm.co.jp\/?article=voyage-profit-and-loss-calculation","title":{"rendered":"Voyage Profit and Loss calculation"},"content":{"rendered":"<p><span style=\"font-family: \u6e38\u660e\u671d; font-size: 10.5pt; text-align: justify;\">The theme is Voyage profit and loss calculation.<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\"> It is always important to calculate the profit or loss a shipping company will achieve on a voyage. <\/span><span style=\"font-family: \u6e38\u660e\u671d; font-size: 10.5pt;\">The calculation of the voyage profit and loss is mainly done at the following stages:<\/span><\/p>\n<ul>\n<li style=\"text-align: justify; direction: ltr; unicode-bidi: embed; word-break: normal;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">When planning a voyage<\/span><\/li>\n<li style=\"text-align: justify; direction: ltr; unicode-bidi: embed; word-break: normal;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">When making a schedule<\/span><\/li>\n<li style=\"text-align: justify; direction: ltr; unicode-bidi: embed; word-break: normal;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">When considering additional port calls<\/span><\/li>\n<li style=\"text-align: justify; direction: ltr; unicode-bidi: embed; word-break: normal;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">At the completion of voyage<\/span><\/li>\n<\/ul>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\">\u00a0<\/p>\n<p style=\"language: ja; line-height: normal; text-indent: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-vertical-align-alt: auto; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging; margin: 0pt 0in 0pt 0in;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Especially,\u00a0 in order to make appropriate decision, shipping company shall calculate the profit and loss of such action in advance.\u00a0<\/span><\/p>\n<p style=\"language: ja; line-height: normal; text-indent: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-vertical-align-alt: auto; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging; margin: 0pt 0in 0pt 0in;\">\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"132\" src=\"https:\/\/www.eclsm.com\/uploads\/tinymce\/images\/4b58ed95fefc71ca92feebe89b46ead06385c224835c3.png\" style=\"display: block; margin-left: auto; margin-right: auto;\" width=\"444\"\/><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Now let\u2019s do the calculate Voyage profit and loss.<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Profit or loss is calculated by deducting various cost from the total freight income.<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\">\u00a0<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; direction: ltr; unicode-bidi: embed; word-break: normal;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"146\" src=\"https:\/\/www.eclsm.com\/uploads\/tinymce\/images\/8b4ff78dc4ba1daed0a5f8e4fce69a666385c22490bd8.png\" style=\"display: block; margin-left: auto; margin-right: auto;\" width=\"477\"\/><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; direction: ltr; unicode-bidi: embed; word-break: normal;\">\u00a0<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; direction: ltr; unicode-bidi: embed; word-break: normal;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\"> First, Port expenses includes wharfage, pilotage, tugboat fees, agency fees, <\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">and etc.<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; direction: ltr; unicode-bidi: embed; word-break: normal;\">\u00a0<\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; direction: ltr; unicode-bidi: embed; word-break: normal;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Second, Stevedore charges will vary depends on the following factors,<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Mode of operation whether it is done by RORO or LOLO.\u00a0<\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Time of operation whether it is done during <\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">night time<\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\"> or not.\u00a0<\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Cargo nature such as bulky cargo, heavy cargo or lengthy cargo.\u00a0<\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Also, measurement and tally cost are usually included in stevedore charges.<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\">\u00a0<\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Third, Bunker cost.\u00a0<\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Bunker price differs from port to port, and it is constantly fluctuating according to the market principles. Fuel oil is consumed for vessel propulsion, whereas Diesel oil is used for generating electricity. These costs are calculated separately.<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\">\u00a0<\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">The last one is charter hire. Unless it is one way charter, charter hire cost shall be considered during the of period of charter.\u00a0<\/span><\/p>\n<p><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">As a result of deducting the abovementioned costs from the total ocean freight income, we will get the profit or loss of the voyage.\u00a0<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Today&#8217;s summary is;<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Voyage profit and loss is calculated when planning a voyage, making a schedule, considering an additional port calls and at the completion of voyage.<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\">\u00a0<\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">We will <\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">not<\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\"> able to carry out any plans without doing the calculation. It is also needed when making voyage adjustments such as additional calls etc.<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\">\u00a0<\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">Voyage profit or loss is calculated by deducting port charges, stevedore fees, bunker cost and charter hire from total freight income.<\/span><\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\">\u00a0<\/p>\n<p style=\"language: ja; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-align: justify; text-justify: inter-ideograph; direction: ltr; unicode-bidi: embed; mso-line-break-override: none; word-break: normal; punctuation-wrap: hanging;\"><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">I hope you find today\u2019s episode <\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">helpful,<\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\"> I am Rebecca. <\/span><span style=\"font-size: 10.5pt; font-family: \u6e38\u660e\u671d;\">See you next time.\u00a0<\/span><\/p>\n<div class=\"like text-center\">\n<div class=\"likeInfo\">\n<i aria-hidden=\"true\" class=\"fa fa-thumbs-o-up\" data-comment=\"1\" data-id=\"\" data-liked=\"0\" id=\"liked\" onclick=\"like(this)\" style=\"cursor:pointer\"><\/i><br \/>\n<span id=\"liked_count\">1<\/span>\n<\/div>\n<\/div>\n","protected":false},"author":1,"featured_media":1202,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","article_type":[46],"class_list":["post-1201","article","type-article","status-publish","has-post-thumbnail","hentry","article_type-bb-club-lecture"],"_links":{"self":[{"href":"https:\/\/www.eclsm.co.jp\/index.php?rest_route=\/wp\/v2\/article\/1201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eclsm.co.jp\/index.php?rest_route=\/wp\/v2\/article"}],"about":[{"href":"https:\/\/www.eclsm.co.jp\/index.php?rest_route=\/wp\/v2\/types\/article"}],"author":[{"embeddable":true,"href":"https:\/\/www.eclsm.co.jp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eclsm.co.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1201"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eclsm.co.jp\/index.php?rest_route=\/wp\/v2\/media\/1202"}],"wp:attachment":[{"href":"https:\/\/www.eclsm.co.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1201"}],"wp:term":[{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/www.eclsm.co.jp\/index.php?rest_route=%2Fwp%2Fv2%2Farticle_type&post=1201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}