Sea Freight Rate Calculator

Formula

To calculate the Sea Freight Rate:

\[ SR = (V \times D \times R) + F \]

Where:

$SR$ is the sea freight rate ($)
$V$ is the volume of the cargo (cubic meters)
$D$ is the distance of the shipping route (nautical miles)
$R$ is the rate per cubic meter per nautical mile ($)
$F$ is the fixed costs associated with the shipment ($)

What is a Sea Rate?

Sea rates refer to the cost of transporting goods or cargo by sea from one location to another. These rates can vary based on several factors including the size and weight of the cargo, the distance between the origin and destination, the type of goods being transported, and the shipping company's pricing policies. Sea rates are typically charged per container and can also include additional fees for services like loading and unloading, documentation, and customs clearance.

Example Calculation 1

Let's assume the following values:

Volume of Cargo ($V$) = 100 cubic meters
Distance of Shipping Route ($D$) = 2000 nautical miles
Rate per Cubic Meter per Nautical Mile ($R$) = $0.50
Fixed Costs ($F$) = $1000

Using the formula:

Step 1: Multiply the volume of the cargo by the distance of the shipping route:

\[ V \times D = 100 \times 2000 = 200000 \]

Step 2: Multiply the result by the rate per cubic meter per nautical mile:

\[ 200000 \times 0.50 = 100000 \]

Step 3: Add the fixed costs:

\[ SR = 100000 + 1000 = 101000 \text{ dollars} \]

Example Calculation 2

Let's assume the following values:

Volume of Cargo ($V$) = 50 cubic meters
Distance of Shipping Route ($D$) = 1500 nautical miles
Rate per Cubic Meter per Nautical Mile ($R$) = $0.75
Fixed Costs ($F$) = $500

Using the formula:

Step 1: Multiply the volume of the cargo by the distance of the shipping route:

\[ V \times D = 50 \times 1500 = 75000 \]

Step 2: Multiply the result by the rate per cubic meter per nautical mile:

\[ 75000 \times 0.75 = 56250 \]

Step 3: Add the fixed costs:

\[ SR = 56250 + 500 = 56750 \text{ dollars} \]