How are rates calculated?
The amount you pay for your charter can be calculated using internationally recognized freight scales as well as a number of variables including: • worldwide demand for tankers • availability of a particular type of vessel in your market • the type of charter (voyage/time/contract of afreightment/etc.) • prevailing worldwide energy prices and political conditions The rate of each fixture is calculated on a case by case. Ultimately, a good quality broker will have the negotiating skills to get you the best possible price on the best possible vessel. Soundtanker has the experience and network contacts you need. Rate Scale One example of a standardized rate calculation schedule is the Worldscale Tanker Nominal Freight Scale, published by a shipping industry group. This involves a lengthy schedule of rates for popular tanker voyages. Worldscale offers rates for as many as 300,000 voyages, allowing for the many combinations of load and discharge ports. These “flat rate” declarations reflect
2008-08-25 In New Hampshire health insurance for individuals and their families is underwritten. The rates and availability of health insurance in New Hampshire is based the 5 criteria below. The major carriers in New Hampshire use 4 rate classes: Preferred Non-Tobacco; Preferred Tobacco; Standard Non-Tobacco; and Standard Tobacco. 1. Age – older people have a higher incidence of claims than younger people and require higher premiums for coverage 2. Number of people covered – whether coverage is offered solely to the individual or if coverage will also be extended to family members and dependents 3. Health history – primarily used in underwriting individual insurance plans, a history of disease or illness will impact whether a particular insurance company will offer insurance, and if so in which rate class the applicant will be placed in 4. Occupation – some occupations involve more risk of injury or illness due to the nature of the work and thus require a higher premium 5. Lifestyle –
Diamond Lease starts counting a rental day at the time of rental pickup.The minimum rental period is 24 hours.Thereafter, there will be a grace period of 2 hour for the return of the vehicle. The rental charges applicable for exceeding the grace period will be charged on the basis of a full day rental. The rates are subject to change without prior notice.
