Economics of one container voyage from Asia to Europe
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The prompt
Bluewake Lines (a fictional carrier) sails a 15,000 TEU ship from Asia to Europe, a 35-day leg. The ship is 85 percent full. The ship itself costs USD 60,000 a day (charter or capital), it burns 150 tonnes of fuel a day at USD 600 per tonne, port and canal fees are USD 3 million, and handling and container costs are USD 300 per TEU carried. What is the cost per TEU carried, and what would the voyage earn at a freight rate of USD 2,000 per TEU?
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