Freight rate is estimated on assumed spot Time Charter equivalent of a standard vessel and hence freight
rate is always without any guarantee or liability on our end whatsoever.
It's understood that the assumed Time Charter rate may vary in a region subject to market conditions, number
of available vessels for any desired route & ship owners safety factors.
Bunker rate, port expense and other expense/ margins may vary as per actuals.
Load & Discharge rate is based on metric tons and per day basis.
Weather factor of about 10% at sea is considered.
Brokerage commission of 1.25% is included in freight.
Freight tax, if any, is not included.
Port EPDA (Estimated Port Disbursement Account) is based on last tariff available.
Spot rate of a standard vessel size is considered irrespective of the date selection by the user.
Freight is basis "free in and out, stowed and trimmed".
Freight is considered from one load to one discharge port only.
Load, discharge terms & nor terms are SHINC (Sundays & Holidays Included) or FHINC (Fridays & Holidays
Included) basis both ends.
Estimated freight considers no congestion at Load or Discharge Port. However, turn time 12hrs is used at
both – Load & Discharge Port.
Actual freight will vary as per other main terms of charterer's, vessel particulars, any recent change in
draft restrictions at both ends etc.
