Voyage Cost Calculator

Jun 4

The Voyage Cost Calculator estimates the total cost of maritime voyages by modeling fuel consumption, port and canal fees, time-based charter costs, and emissions-related expenses across various operational scenarios. Designed for voyage planning, commercial analysis, and regulatory compliance, the tool calculates total voyage expenses based on vessel characteristics, routes, speed profiles, and fuel types. It supports scenario modeling over single or multiple legs and accounts for optional regulatory costs such as EU ETS or carbon levies.
This tool helps shipowners, charterers, operators, and voyage planners assess the economic and environmental implications of different routing, speed, and fuel strategies. It is ideal for commercial planning, cost optimization, or evaluating compliance-related expenses in increasingly regulated operating environments.
The Voyage Cost Calculator also supports scenario-based comparisons, enabling users to analyze the impact of speed reduction, fuel switching, or route changes on total cost and emissions. A structured summary of results can be exported for internal planning, stakeholder presentations, or investment decisions.
Fuel cost forecasting – Estimate fuel consumption and cost based on vessel speed, fuel type, and distance traveled.
Total voyage cost modeling – Calculate overall voyage costs including bunkers, port fees, canal tolls, and time charter or demurrage expenses.
Operational scenario comparison – Assess how variations in speed, route, or fuel strategy impact total cost and emissions.
Emissions and compliance modeling – Quantify CO₂ emissions and calculate associated costs under carbon pricing schemes like the EU ETS.
Strategic planning support – Provide clear, customizable outputs to inform routing decisions, commercial negotiations, and sustainability reporting.

How the tool works

Watch the tutorial for a step-by-step explanation of the tool, or check the case studies below. Download the Excel model to further tweak your analyses. Contact the helpdesk for support and customization options.

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