2. One dry bulk vessel of 35000 dwt runs for Port B to transport grains to Port C. The cargo information is: soybean of

[answerhappygod]

2. One dry bulk vessel of 35000 dwt runs for Port B to transport
grains to Port C. The cargo information is: soybean of 30000 t,
freight rate is $12A, FIO, the brokerage commission is 2%.

The route information: 384 n miles from Port A to Port B, 1080 n
miles from Port B to Port C;

The ship information: the speed at ballast is 17 knots, the speed
at laden is 16 knots, the fixed costs per day are $15000, the fuel
cost per sailing day is $12000, the daily cost of the diesel of
consumption at berth is $5000.

The port information: The loading time at Port B s expected to be 4
days with port charges of $28,500, the discharging time at Port C
is about 3 days with port charges of $21,500.

Q: is a profitable to perform this shipment or not? (the revenue
tax rate is 3% of the total revenue)
3.One company would like to spend $20 million to build a new
ship of 30,000 dwt to be used for time chartering. It is expected
that the time chartering rate will be $25000/day. The total
commission is 3% of the total revenues the fixed costs of the ship
operation are $1.2 million per year, among which the depreciation
is $0.5 million. Suppose the ship will run for 11 months per year,
and it will be used for 20 years. The residual ship value will be
$4 million, the benchmark rate of return -15%

Q: How much is the NPV for this project? How long is the investment
payback period?

(A/P. 15%. 20)-0.1598

(A/F. 15%, 20)=0.0098

(P/F. 15%, 20)-0.0611

(P/A. 15%. 20)-6.2593