Ship Universe Maritime Tool

Vessel Daily Operating Cost Calculator

Calculate vessel OPEX per day, month and year, then estimate the earning-day hire rate required to cover operating costs and optional financing. Use Simple mode for a fast annual budget estimate or Advanced mode for a detailed vessel cost breakdown.

Primary Metric
Annual vessel OPEX ÷ 365 calendar days
Included
Crew, insurance, maintenance, stores, management, compliance and drydock reserve
Normally Excluded
Bunkers, port charges, canal tolls, cargo costs and voyage commissions

Annual Vessel Operating Costs

Enter annual budget amounts. The calculator converts the total into daily and monthly OPEX.

$ / year
$ / year
$ / year
$ / year
$ / year
$ / year
$ / year

Utilization & Optional Financing

Financing is shown separately from vessel OPEX. Earning days are used to estimate the daily hire required to cover annual cash costs.

days
$ / year
$ / day
Used only for margin and break-even utilization analysis.

Crew Costs

Include wages, benefits, relief travel, training and other recurring personnel costs.

crew
$ / year
$ / year
$ / year
$ / year
$ / year

Technical & Maintenance Costs

Recurring technical costs only. Main propulsion fuel and voyage bunkers should not be included.

$ / year
$ / year
$ / year
$ / year
$ / year
$ / year

Insurance

Separate the principal recurring insurance categories used in the vessel budget.

$ / year
$ / year
$ / year
Add annual recurring cover here. Voyage-specific additional war-risk premiums are normally voyage costs.

Management & Administration

$ / year
$ / year
$ / year
$ / year

Drydock Reserve

Estimate an annual reserve from expected drydock cost, interval and contingency.

$
years
%

Utilization & Capital Cash Cost

Financing is not included in vessel OPEX. It is shown separately for cash break-even analysis.

days
$ / year
$ / day
$ / year
Shown separately as an accounting / capital cost and not included in core OPEX.

Vessel Cost Results

Simple annual budget estimate

Enter operating costs
Enter one or more vessel operating costs to calculate daily OPEX, annual OPEX, required earning-day hire rate and cost category breakdown.
Planning estimate only. Vessel operating costs vary materially by vessel type, age, flag, crew nationality, trading pattern, insurance history, machinery condition, management structure, class requirements and maintenance strategy. The calculator does not include voyage-specific bunkers, port charges, canal tolls, cargo expenses or commissions unless the user intentionally enters them as operating costs. Confirm figures against vessel accounts, technical budgets, management agreements and financing documents before commercial or investment use.
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