Hire • Payable Days • Off-Hire • Commission • Bunker Settlement • Escalation • Bareboat OPEX • Initial Cash • Cost Sensitivity

Vessel Charter Hire Cost Calculator

Build the charterer's all-in vessel-access cost and the owner's net-hire view without mixing them together. Simple mode screens quoted daily hire, payable days, off-hire, commissions and fixed charter costs. Advanced adds long-period escalation, delivery/redelivery bunker settlement, mobilization, bareboat operating cost, security deposit, annual schedule and stress testing.

Currency Figures represent
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Need escalation, delivery/redelivery bunkers, bareboat OPEX or multi-year schedule detail? Click Advanced above.Simple keeps gross charter hire, owner's commission deduction and charterer's all-in cost as separate views.

Quick Charter Hire Screen

Exactly ten commercial inputs. Minimum guaranteed paid days can override modeled off-hire/free-day deductions.

Quoted hire per payable day.
Total calendar days in the modeled period.
Days modeled as non-payable under the assumed charterparty treatment.
0 disables the minimum-paid-days override.
% deducted from owner's gross hire. Not automatically added to charterer cost.
Mobilization, legal, fixture or other modeled fixed cost.
Daily cost outside quoted hire.
% added to gross hire for this planning case.

Contract Structure

days.
%/year compounded annually.

Delivery & Redelivery Bunkers

Advanced treats delivery bunkers as charterer cash outflow and redelivery bunkers as a modeled credit. Actual ownership and pricing are charterparty-specific.

MT.
per MT.
MT.
per MT.

Charterer Cost Additions

per calendar day. Applied only to bareboat / lease structures.
Included in initial cash requirement, not total charter cost.
Planning proxy for initial hire funding requirement.

Stress Cases

Stress the starting hire rate, total off-hire, bunker settlement and bareboat OPEX without adding free-text vessel or counterparty identifiers.

UseCase typeHire rate change %Off-hire change daysBunker settlement change %OPEX change %

Fixture Readiness Checks

Commercial / legal limitation: charterparty wording governs actual hire, off-hire, minimum periods, bunkers, deductions, commissions, taxes, security deposits and payment timing. This tool separates charterer's modeled all-in cash cost from owner's net-hire view and should not be used as a substitute for the recap or signed charterparty.
Method basis: payable hire days equal calendar days less modeled off-hire and free/non-payable days, subject to the entered minimum paid-day floor. Brokerage/address commission is shown as an owner-side deduction from gross hire rather than automatically as an additional charterer cost. Advanced adds bunker settlement, charterer fixed costs, bareboat/lease OPEX and escalation. Actual charterparty clauses control whether any time is off-hire, whether hire remains payable, and how delivery/redelivery bunkers are priced.
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