A measure of how much mass a ship can carry. It does not include the weight of the ship itself. DWT is the sum of the weights of cargo, fuel, fresh water, ballast water, provisions, passengers, and crew.
Debt Service Break-Even is calculated by taking the debt service per day and adding the OPEX per day, including provisions for periodical dry docking (DD)/special survey (SS). If the debt service per day is USD6,780, the OPEX (excluding drydocking) is USD5,800 per day, and the estimated cost of the next drydocking is USD250,000 with 887 earnings days (30 months adjusted … Read the rest
The ratio of EBITDA divided by Debt Service
Debt Service Per Day is calculated by taking the total debt service during a period and dividing it by the number of days in the period but adjusted for oﬀ-hire. For example, if the debt service (scheduled loan repayments plus interest payments) for a period is USD1.2 million over 182 days and the expected oﬀ-hire in the same period is … Read the rest
This ratio is calculated by taking the total cash ﬂow available to service debt during a speciﬁed period and dividing it by the total amount of debt repayment plus interest payment for the same period. The period chosen is normally that from one debt repayment date to the next (typically, six months).
The amount in US dollars paid for a ship sold for demolition.