LECTURE 9

Lecture 9:How does Math Guide our Ships at Sea? Voyage Estimate- Part 1

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Ever wondered "How does Math Guide our Ships at Sea? (Voyage Estimate) Have you ever solved any numerical based problem on Voyage Estimation?

Description
In this video, we'll try to solve one voyage estimate question:
  • (1:21) What is voyage estimation?
  • (3:13) What are the stages of estimation?
    • Itinerary
    • Cargo Quantity
    • Expenses
    • Income
    • Result
  • (4:12) Voyage estimate question
  • (5:52) Ship Data
  • (7:49) Fixture details
  • (9:06) Voyage Data
  • (10:42) Voyage estimate form
  • (12:15) Calculate days at the port
  • (17:06) Reasons to choose bunkering port
  • (21:06) Bunker calculation
  • (25:06) Expenses
  • (28:12) Final voyage estimate for route 1
  • (28:20) Route 2 details

                                         Amazon link for the Principles of chartering by Dr. Photis.M.Panayides : https://amzn.to/3etI1fD

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