Following on from the previous posts explanation you will note that I have stated that APS and DOP are time charter concepts. Now your reasonable question to VS is 'How then does this effect a voyage calculation and hence a voyage contract?".
You will note that in the voyage calculation example on my voyage calc blog that an essential part of the formula to find out the 'break even voyage freight rate' is to know the time charter in price. So this is where it fits in. The delivery also effect the number of total days in the voyage and also the speed and consuption of the ships basis sailing fully laden or in ballast..
Sound confusing? Once you start doing regular voyage calculations it will make sense - and quickly too.
In the voyage calculation pack I will give examples that look at different delivery scenarios and how they effect the bottom line..
Still a few weeks away...but worth the wait.
- The Virtual Shipbroker
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