1. Virtual Arrival Example – Bro Elizabeth
Maersk Tankers
BP Shipping
October 2009

2. Virtual Arrival – The Reality
BP traders had a stem loading from Batumi in the Black Sea.
Built up with a number of barges and rail cars
Destination Isle of Grain
Tank space only available before the 16th

3. Virtual Arrival – The Reality
We approached the market and an owner that understood and is receptive to the virtual arrival concept. Chartered the Bro Elizabeth from Handytankers.
Vessel sailed on 2nd September 2009 and we engaged WNI to do the virtual arrival analysis .
Vessel arrived in Isle of Grain at 1000 hrs on the 16th September and the virtual arrival was Sep 15th 0650.
Bunker Savings
58.83 mts of HFO
Saved 24,800 USD split 50/50 between owner and charterer so 12,400 each
Virtual arrival demurrage 18,000 USD
The Results for each party …………..

4. Virtual Arrival – The Benefits for the owner
The voyage earnings enhanced as demurrage is kept whole and 50% of the savings of the bunkers
Discharge to discharge
30kt at ws ,430 USD pd over 19.5 days
Result improved to 11,065 pd over 19.5 days
6% improvement in TCE earnings

5. Virtual Arrival – The Benefits for the charterer
Total Freight:
Before Virtual Arrival
Freight : 521,400 USD
Demurrage : 18,000 USD
Total ,400 USD
Post Virtual Arrival
Bunkers: ,400 USD
Total ,000 USD
Savings to charterers 3% of total freight bill

6. Virtual Arrival – The Benefits for the Environment
Emissions saved
CO mts
Nox 4.39 mts
Sox 3.49 mts
This represents a 27% reduction in fuel consumptions and emissions over the length of the voyage.

7. Virtual Arrival – Factors behind success
A willingness by all parties to embrace the concept helped by workshops and publicity
Daily updates from the monitoring organisation so that all parties are brought along with the calculations
Maersk Tankers
October 2008