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A voyage charter (or Voyage Charter Party) can be defined as the hire contract for a vessel for one or a specified number of voyages to carry specified cargo/es at stipulated freight rates (or lumpsum) on agreed terms and conditions between designated load and discharge ports, port ranges or regions.
The Voyage estimator enables an unlimited number of voyage charter calculations (or estimates) as to calculate and analyse potential profitability of voyages (compared to the cost of a vessel) without turning a calculation into an actual voyage. Several separate calculations for the same voyage can be performed, and maybe one selected for fixture. A voyage calculation can also be created based on an already entered Contract of Affreightment (COA). It is also possible to calculate for relets of cargoes.
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