Voyage Expenses
In the maritime context, voyage expenses refer to the costs incurred during a ship's journey from one port to another. These expenses can be variable and are directly related to the voyage itself. They include costs such as fuel or bunker costs, which are the expenses for the fuel used by the ship during the voyage; port charges, which are the fees paid to the port authorities for services like docking, pilotage, and use of port facilities; and canal dues, which are the charges for using canals that shorten the voyage. Voyage expenses also include costs for provisions and stores, which are the food and other supplies for the crew during the voyage; and crew wages, which are the salaries paid to the crew members. In addition, there can be other voyage-related costs like insurance, maintenance, and repair costs. The total voyage expenses are a significant part of the operating costs of a ship and are crucial for calculating the profitability of a voyage.
Your Previous Searches
Random Picks
- Medium Earth Orbit (MEO): In the context of maritime navigation, Medium Earth Orbit (MEO) refers to a type of orbit around Earth that satellites use, located above the Low Earth Orbit (LEO) and below the Geostationary Orbit (GEO). The altitude for MEO ranges from 2, ... Read More >>
- Seals: Seals are marine mammals that belong to the family Phocidae. They are found in both the Arctic and Antarctic regions, as well as in temperate and tropical waters. Seals are characterized by their streamlined bodies, which are well adapted f ... Read More >>
- Coffin Plate: A coffin plate is a metal plate, usually made of brass, that is affixed to the lid or side of a coffin. It typically bears the name, age, and date of death of the deceased, as well as other decorative or symbolic elements. In maritime conte ... Read More >>
Top News
SEAL Team 6 is said to be training for a fight with China over Taiwan. Here's wh...
The role of the elite unit may be limited but not inconsequential. "You don't use a scalpel for a job a hammer can do," a former SEAL said....
News Source: Business Insider on 2024-10-19
The last in-person vote in the US will be cast on the desolate tundra of Alaska'...
On a desolate slab of island tundra on Alaska's Aleutian Islands, a resident of a tiny village called Adak will again become the last American to cast an in-person ballot for president...
News Source: ABC News on 2024-10-19
A historically Black community grapples with lasting impacts after Baltimore bri...
As the dust settled after the deadly collapse of Baltimore’s Francis Scott Key Bridge, residents of Turner Station found themselves facing an uncertain future....
News Source: NBC News on 2024-10-18
These are the biggest challenges facing the US Army in the Pacific, according to...
Soldiers face daunting challenges in navigating the vastness of the Indo-Pacific, where a future war could take place across a range of environments....
News Source: Business Insider on 2024-10-18
Teen kayaker rescued after spending 12 hours treading water and clinging to his ...
A 17-year-old kayaker spent nearly 12 hours treading water and clinging to his kayak Wednesday after becoming separated from his high school paddling group, the U.S....
News Source: NBC News on 2024-10-18