Introduction

European Short Sea Freight Market Analytics is a research platform found by Mr. Ognyan Kostadinov from Varna, Bulgaria, as a part of his Ph.D. study work. The scope of this research work is European short sea divided in two divisions: European adjacent seas and European inland waterways

I. European adjacent seas sector divided by six subsectors:

North European seas (Norwegian Sea – North Sea – Baltic Sea)
Mediterranean sea
Black sea (including Azov Sea)
North European seas – Mediterranean Sea traffic in both directions
North European seas – Black sea (incl. Azov Sea) traffic in both directions
Mediterranean sea – Black sea (incl. Azov Sea) traffic in both directions

Subsector’s eight curves:

European Short Sea Average T/C equivalent in USD per DWAT tone curves in following ranges:

DWAT 2000 - 3500 MT
DWAT 3500 - 5000 MT
DWAT 5000 - 6500 MT
DWAT 6500 - 8000 MT
DWAT 8000 - 9500 MT
Average European Short Sea Average T/C equivalent in USD per DTW tone curves
BDI:1000 (Baltic Dry Index divided by 1000)
Regional gasoil prices in USD per KG

II. European inland waterways sector divided by two subsectors:

Rhine – Main Rivers
Danube River

Subsector’s six curves:

European Inland Waterways Average T/C equivalent in Euro per a horsepower curves in following ranges:

up to 1500 hp
1500-3000 hp
over 3000 hp
Average European Inland Waterways Average T/C equivalent in Euro per a horsepower
BDI:1000 (Baltic Dry Index divided by 1000)
Regional gasoil prices in Euro per KG

III. Front page

Three graphics as follows:

European Short Sea Average T/C equivalent in USD per DWAT (as an average of all six subsectors)
Relative Fluctuations of European Short Sea Average T/C equivalent per DWAT compared with BDI:1000
European Inland Waterways Average T/C equivalent in Euro per a horsepower (as an average of both subsectors)

IV. Calculations:

T/C equivalent calculated on basis standard formula:

T/C equivalent = (Net Freight – Voy.Exp.) : Voyage total days

Net Freight = Freight less commissions

Voy.Exp.= Voyage expenses for fuel and disbursement accounts

Voyage total days = duration of whole voyage - time for ballast trip plus time for cargo trip till discharge completion in days

The Curves measuring T/C equivalent are calculated basis T/C equivalent:

Short sea curve figures = T/C equivalent : DWAT
Inland waterways curve figures = T/C equivalent : Horsepower

Relative Fluctuation Curve is calculated basis formula:

RF = BDI:1000 – Average T/C equivalent : DWAT

RF – Relative Fluctuation Curve of Average T/C equivalent compared with BDI:1000

Average T/C equivalent - Average T/C equivalent for European Short Seasector divided by vessel DWAT

BDI:1000 – Baltic Dry Index divided by 1000

The use of the web site is free of charge for all who are interested in Maritime Economics. Shipowners and Shipbrokers who are willing to assist for collecting of the necessary data input, we request you to feedback following information:

V. DATA INPUT CARD

European Short Sea Sector

1. Vessel’s Name or as TBN:

2. Vessel’s carrying capacity (DWAT):

3. Charter party date or date of beginning of voyage if charter party is COA:

4. Cargo quantity and proper name (or as bulk or general cargo):

5. Loading / Discharge ports (or regions):

6. Freight (lump sum less total commission):

7. Disbursement accounts expenses:

8. Bunker expenses:

9. Duration of voyage (total days including ballast trip till discharge

completion):

European Inland waterways Sector