Lecture 10: How to calculate freight for Tankers? Worldscale

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Ever wondered how to calculate freight for Tankers? What is Worldscale? What are Variable and Fixed Differentials? Have you ever solved any numerical based problems on Worldscale?

In this video, we'll try to understand and solve numerical based problems on "World Scale":
  • (1:33) What is World Scale?
  • (3:54) What are basis of calculation for World Scale?
  • (6:18) What is variable differential?
  • (7:06) What is fixed differential?
  • (7:42) World Scale Calculation 1
  • (9:18) World Scale Calculation 2
  • (12:10) World Scale Calculation 3

World Scale Website link: https://www.worldscale.co.uk/

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