Virtual arrival example bro elizabeth
This presentation is the property of its rightful owner.
Sponsored Links
1 / 7

Virtual Arrival Example – Bro Elizabeth PowerPoint PPT Presentation


  • 84 Views
  • Uploaded on
  • Presentation posted in: General

Virtual Arrival Example – Bro Elizabeth. Virtual Arrival – The Reality . BP traders had a stem loading from Batumi in the Black Sea. Built up with a number of barges and rail cars Destination Isle of Grain Tank space only available before the 16 th. Virtual Arrival – The Reality .

Download Presentation

Virtual Arrival Example – Bro Elizabeth

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Virtual arrival example bro elizabeth

Virtual Arrival Example – Bro Elizabeth

Maersk Tankers

BP Shipping


Virtual arrival the reality

Virtual Arrival – The Reality

BP traders had a stem loading from Batumi in the Black Sea.

Built up with a number of barges and rail cars

Destination Isle of Grain

Tank space only available before the 16th


Virtual arrival the reality1

Virtual Arrival – The Reality

We approached the market and an owner that understood and is receptive to the virtual arrival concept. Chartered the Bro Elizabeth from Handytankers.

Vessel sailed on 2nd September 2009 and we engaged WNI to do the virtual arrival analysis .

Vessel arrived in Isle of Grain at 1000 hrs on the 16th September and the virtual arrival was Sep 15th 0650.

Bunker Savings

58.83 mts of HFO

Saved 24,800 USD split 50/50 between owner and charterer so 12,400 each

Virtual arrival demurrage 18,000 USD

The Results for each party …………..


Virtual arrival the benefits for the owner

Virtual Arrival – The Benefits for the owner

The voyage earnings enhanced as demurrage is kept whole and 50% of the savings of the bunkers

Discharge to discharge

30kt at ws 100 10,430 USD pd over 19.5 days

Result improved to 11,065 pd over 19.5 days

6% improvement in TCE earnings


Virtual arrival the benefits for the charterer

Virtual Arrival – The Benefits for the charterer

Total Freight:

Before Virtual Arrival

Freight : 521,400 USD

Demurrage : 18,000 USD

Total 539,400 USD

Post Virtual Arrival

Freight : 521,400 USD

Demurrage : 18,000 USD

Bunkers: -12,400 USD

Total 527,000 USD

Savings to charterers 3% of total freight bill


Virtual arrival the benefits for the environment

Virtual Arrival – The Benefits for the Environment

Emissions saved

CO2 183.2 mts

Nox4.39 mts

Sox3.49 mts

This represents a 27% reduction in fuel consumptions and emissions over the length of the voyage.


Virtual arrival factors behind success

Virtual Arrival – Factors behind success

  • A willingness by all parties to embrace the concept helped by workshops and publicity

  • Daily updates from the monitoring organisation so that all parties are brought along with the calculations

Maersk Tankers


  • Login